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Cognition (Devin AI) to Acquire Windsurf

cognition.ai

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Re: Cognition (Devin AI) to Acquire Windsurf

#33

Post by seatac76 »

rvz wrote: post #17

Must have been acquired for an extreme discount far from the $3B offer from OpenAI and Windsurf's (alleged) valuation of $1.3BN. Cognition being worth $4B with Devin being raced to zero by Claude Code also undercutting both Windsurf and Cursor have a very steep hill to climb. Having both Devin and Windsurf will just make them raise more money as they burn through their operational costs.

Google already paid $2.4B out of the $3B OpenAI deal, to what I imagine is Cognition now. Cognition must have spent low 100s of Millions max.

Re: Cognition (Devin AI) to Acquire Windsurf

#35

Post by isodev »

xnx wrote: post #28
isodev wrote: post #23

I’m really confused now. Also, is there really that much of a transformative difference between Windsurf and say OpenAI/Claude etc to warrant this crazy valuations?

> crazy valuations I haven't seen anything to indicate what was paid for what's left of Windsurf.

I was also referring to the $2.5B Google paid. I can’t imagine what could possibly be the value they’re hoping to get

Re: Cognition (Devin AI) to Acquire Windsurf

#36

Post by xnx »

jspann wrote: post #27

> 100% of Windsurf employees will participate financially in this deal > 100% of Windsurf employees will have vesting cliffs waived for their work to date > 100% of Windsurf employees will receive fully accelerated vesting for their work to date This sounds like a happy ending for the employees of Windsurf and a good deal for Cognition

I'm not so sure. No telling what the purchase price was.

Re: Cognition (Devin AI) to Acquire Windsurf

#37

Post by lunarboy »

akavi wrote: post #3

Is this purely the rump company left over from the Google pseudo-acquistion? Or does this mean that deal fell through? Does this represent confirmation that there was no pro-rata compensation to common share holders in the Google deal? I just have so many questions .

Windsurf founding team is already at Google

Re: Cognition (Devin AI) to Acquire Windsurf

#38

Post by bradly »

seatac76 wrote: post #26

I hope Windsurf employees made some money in this whole kerfuffle. Would be terrible if they got left out of the payday.

Very clearly called out in the article:

  > To that end, Jeff and I worked together to ensure that every single employee is treated with respect and well taken care of in this transaction. Specifically:
  >    100% of Windsurf employees will participate financially in this deal
  >    100% of Windsurf employees will have vesting cliffs waived for their work to date
  >    100% of Windsurf employees will receive fully accelerated vesting for their work to date

Re: Cognition (Devin AI) to Acquire Windsurf

#40

Post by hollowturtle »

vouaobrasil wrote: post #31

I wonder if we'll ever stop to ask ourselves if faster and faster output of software is actually a good thing for the world. Or will we just continue because it's just what we do nowadays in civilization to get ahead?

ahead of what? ahead of generating ugly and mostly usable masks over the same data. I'm in favor of AI but it seems to me that no one really stopped asking himself what real problems people have and how to actually fix them
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