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.
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