Lovable

“Replit and lovable of a year ago and bolt were not a moat today. They have massive moats. And so I think it could easily happen with an instinct. All the use cases that has to accomplish become a moat.”

“This will seem cheap, When Replit's at fifteen billion, Lovable's at a hundred billion, everyone's out there because Linear will be the one powering them all.”

“And suddenly it's a 13 and a half billion dollar business at 607 hundred million of ARR.”

“I had lunch with Anton Ossica from Lovable before he founded the company, and I just didn't see it. And I'll tell you one thing that I learned from that is I didn't come to the meeting with a plan. I just had lunch with him, and it was three of us and him, and…”

“Lovable, who raised a new round from Menlo. They're around the 607 hundred million ARR range too, raising at a 13.3 billion dollar price.”

“I firmly believe a big chunk of Replit and Lovable could have been Figma's if they'd done it.”

“Which I would even argue and say Replit lovable are not at that level yet, right, for that complexity of software.”

“We saw this, like, small business, like, lawn care chain sign up, and, you know, we're like, what do they do with the API? And a lot of these small businesses are automating parts of their back office using Lovable, or Cloud Code, or Cursor, or whatever, Repli…”

“And I'll make this prediction here, that you're going to see some of the major customers Of Anthropic and major customers of OpenAI. I'm talking about the eight and nine figure customers, people spending fifty million, a hundred million a year. They're leaving…”

“Where you see a company go from zero to something like three hundred million in a year. I think we intercepted them around, well, we kind of got, tried to get in when they were around 30, 30 of error, but we around, we did was around one 50.”

“We're seeing a million new projects built every single week on the platform.”

“We're actually seeing as a proof of that more than seven hundred million visits to the applications every month.”

“More than fifty million apps built on the platform to date.”

“Where we're actually growing fastest right now.”

“About 20% are technical or some type of engineer, and they love that we're quite opinionated. We put all the best practices into how the software is architected, and we make it seamless to we want from get payments set up in a very secure way. And do things li…”

“Now what we're seeing is that people are running businesses making more than a million dollars of revenue on the, on this platform.”

“What we've done since then is to have a new product line, basically the hosting part, which is both the AI And, you know, all the normal hosting, and that product line has been growing faster than the building thing.”

“They've now replaced more than 10 tools that they had. Bespoke applications. And I think in terms of your question, You can do that for multiple reasons. In their case, they're saving more than a million dollars per year.”

“As an AI company, 58% of Lovable's volume flows through Link.”

“So with Lovable, it's much harder because they haven't built the human centric software. I think it's much easier to add the LLM on top, especially as it becomes commoditized by all these major models.”

“End of 20, 24 was when the likes of Bolt and Lovable launched, and that was also And interesting, that was kind of the second tailwind. We thought we were getting DDoSed at the time, actually, because we just saw this customer launching lots and lots of databa…”

“They're pulling from the same APIs and the same sources of data, but they're making different recommendations.”

“Lovable, so literally just before we came on, Lovable hit five hundred million of error. The number, number was wrong. So five hundred million of error with 146 employees.”

“And today is our big launch day for allowing every single app to be native for SEO and AI discoverability. So for those of you who are more technical from server side rendering, SSR to pre-rendering, you can be discoverable. And we also integrated with SEMrush…”

“And I do think that is going to be the next flex Of our careers, not to go up the leadership ladders going to those fancy VP titles and actually becoming this high power IC that is capable to accomplish of what it used to take dozens of people to do.”

“For example, one of our successful founders is a full-time student and she built an AI study buddy and she got a 130,000 dollars in AR in the first 30 days of launching it because she distributed across her school and it picked up like a wildfire.”

“We really believe that building something is already becoming a commodity. Everybody and their mother are going into competition of creating an app builders. How do you create value out of what you've built? Whether it's your personal value for your company or…”

“That's why we're completely flat. We don't have titles internally for a reason. Everybody is expected to do some sort of IC work. We don't have just leaders that are just sitting on top navigating things. Everybody's just expected to build”

“We shared our figures at numbers in February that we've crossed over four hundred million dollars in ARR. And we're just shy of 200 people still, so we are operating as a very tiny team for a reason.”

“Even Approaching half a billion dollars in revenue, we're still on the product market fit treadmill, because category is evolving so fast, both from technological perspective, from customer perception, that we still need to keep pushing the product at the maxi…”

“If you can convince one other person that it's a good idea, let's go do it. But that's because everybody holds such a high amount of agency and autonomy that even getting agreements sometimes from one another person is not as easy.”

“So often you'd go and try to do RFP and buying software and I was like, oh, let me just go build it in an hour because let me see how far I can get there. So we constantly pressure testing our own boundaries of how much of our lovable we can build on lovable o…”

“We just announced a partnership with LinkedIn a couple of days ago, where every LinkedIn premium member now has free access to Lovable, and those conversion rates to paid are double digits.”

“Codex It does feel a little more technical than your lovable or your replet or your bolt. But if you can stay with it the output I think is super, super valuable.”

“What Figma missed is I create this design. It's beautiful. I loop in the product team to approve it. And then I click a button, which it says push into full production prototype. And it just works. It works like, and you can, and the irony is Replit and Lovabl…”

“You can go to any of the templates that you find on VZero, Lovable you know, all of these other place Framer, Figma community for people who are more familiar with designs, and the problem with those is that they are highly close behind the techniques and the …”

“I like to think of design.md like a design memory, and this is great because it can transfer between platform. So, if you're working in lovable, and you like what you've done, or in cloud design, and then you want to move it to Figma, or you want to move it to…”

“So it's funny, as a case study, Lovable and Replit, like, they're arch and arch competitors. They're about the same size, same growth, same everything, same, but they started totally differently.”

“The, it's actually a much safer environment to use one of these platforms that is contained.”

“I've never written a line of code in my life. If you offered me ten million dollars and said, I need you to write one line of code, well, I wouldn't make ten million dollars. Like, there's no way. So yeah, relied almost entirely on, on Claude code, Claude just…”

“This was completely vibe-coded never made its way out of lovable, which, like, I think looking back on it now since the platform's been acquired and sold, they've moved it to, I think it's like Vercel like a platform that's actually more customizable.”

“I think at full production, lovable's capable. I think scaling it and taking it beyond that you know, you probably want to look, you know, maybe somewhere else.”

“Well, I saw this podcast, or listen to this podcast that Peter Fenn did, and he convinced me that the idea of a PM makes no sense, basically, in the future. If you think about decomposing the logic, is what does a PM usually do? They take these inputs from cus…”

“A lot of the AI application companies are growing way faster than the plumbing companies, like pick like Repplet or pick Lovable or pick, you know, any of these, Companies, they are able to go from, like, ten million to, like, hundred million within, like, a m…”

“I talk about 70 people like 30 of them decided to invest in the company. And we talk about lovable COO, we talk about 11 Labs, COO, like we talk about very top minded people in my industry.”

“There's 200,000 New vibe coding projects being created every single day on Lovable.”

“My biggest regret with our Series A fund is not being more elastic, disregarding the Series A mandate, and just saying I'm going to leverage the brand and the access that I have, arrogantly, forgive me for that, to get into super hot companies like your 11 Lab…”

“Every single employee at Lovable expected to ship code to production.”

“They are now at over three hundred and fifty million in ARR.”

“Their latest round put them at over 6.6 billion dollars.”

“It's no longer about the software functionality that you're trying to grow. You're really trying to create what I call minimum lovable product out of every single little thing that you touch because software is now almost being judged by the emotion that it ca…”

“I think that lovable is where it is right now because of the founder led socials that Anton has really leaned into and has done at the beginning.”

“A lot of our costs are within our freemium, not with our paid marketing, not with employees, not with marketing or sales budgets. It's with Freemium, because we view Freemium as actually marketing channel.”

“Allowing flexibility in your monetization model for ad hoc purchases can mean the world of incrementality for your overall monetization capture potential. We just introduced top ups at lovable and it's been absolutely wild because in every other job I've ever …”

“So our North Star metric is daily active apps.”

“At Lovable, we are committed to launching every day, so there's like ongoing buzz that is happening.”

“I know that that constant noise is part of our retention strategy. That constant noise is what drives a lot of resurrection for us as well, because people feel like it's a living, breathing thing that is constantly growing and evolving, and they always want to…”

“Knowing the key predictive indicators that will lead you into the decline, not just looking at revenue, because when moment revenue starts declining, it's already too fucking late. So like, you need to know like beforehand, what will I see? What will lead? Wha…”

“I think that when the functionality was very expensive to produce, we could afford to obsess about competitors a little bit more. With the functionality and the speed of development happening so much faster now, it almost paves the way for you to just have a v…”

“Pre the round that Xenia did, because we were in the round before, it was just embarrassing. I mean, like five to 10 a day and it is very awkward.”