Amjad Masad: Replit Revenue Rockets from $2.8M to ~$1B Run Rate, Vows Independence

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In a May 1 TechCrunch interview, Replit CEO Amjad Masad revealed the company went from $2.8 million in total 2024 revenue to tracking toward a billion-dollar annual run rate. Unlike Cursor (operating at -23% gross margins), Masad argues Replit has sustainable economics and stated he'd 'love for us to remain an independent company' while rivals negotiate massive acquisitions.