Linear and Instinct Both Valued at $2.5 Billion

Austen Allred posted that Linear reached over $100 million ARR with 177% net revenue retention while Instinct, the viral AI assistant launched last week, both sit at $2.5 billion valuations. Hiten Shah retweeted the comparison. Peter Steinberger quoted the same post and added context about his own background at OpenAI. The posts present the figures as current market observations without further verification in the packet.