NYC VCs see massive returns from Hugging Face and Cursor exits
FinanceYF5 · x · 2026-08-31
Recent New York VC wins highlight massive returns in AI:
- Betaworks: $200K investment → potentially $100M (via Hugging Face's $12.9B exit).
- BoxGroup: $750K → $1B (via Cursor AI's $60B valuation).
- Lux Capital: est. $5–10M → potentially $700M–$1.3B (via Hugging Face).
Note: Some investment amounts and stake values are estimates based on disclosed round sizes and likely dilution.
More from Venture
- From $100K debt to $1K in 4 days: solo founder's AI website journey — gefei55 · 2026-10-16
- Barclays: Tesla–SpaceX merger could be announced before December, giving Musk 56% voting power — aakashgupta · 2026-10-16
- Indie hacker tip: submitting your sitemap to GSC got 6,021 pages indexed in 2 days — alexmacgregor__ · 2026-10-16
- Grok-built linear regression bot claims $508K PnL in 125 days on Polymarket — Roger_M_Taylor · 2026-10-16
- Pay-to-rank directory outbid.lol charges $20 a day for the #1 spot, top listings paid $14k-17k — jonathan_wilke · 2026-10-16
- SignWith, a pay-per-doc e-signature tool, hits 1,000+ non-tech businesses — tibo_maker · 2026-10-16