The speaker does not want to operate a pure coding-agent business because it is not possible to build a competitive coding agent on a substantially more expensive cost base than subscription-based alternatives.

“And it's like, it's one of the-- I, I mean, just from like a business perspective, it's one of the reasons that, you know, I, I don't wanna be in like the pure coding agent business because you, you just can't build a-”

“You can't, you can't build a competitive coding agent on top of a thing that costs so much more money and like that's just the reality of it. I mean, Cursor was brilliant. They did it, and then I think that they had a perfect exit and became a model lab because I think they fully realized the economics of it.”