StackBlitz

“Last year, in twenty-twenty-four, we were getting ready to shut the company down. When you're dealing with that sort of situation where it's like, are we gonna shut down the company, or what are the other outcomes? We're gonna go and turn over every stone, and…”

“StackBlitz worked on WebAssembly containers for four years and got, was, I mean, they were making some progress, but like they, you know, nothing is compared to Bolt, which did the unlock. But like right now they can capitalize and just work on the agents beca…”

“In the first two months, we went from zero to twenty million of ARR. And I think we're on like month four or four and a half or something like that at this point. And we've already crossed thirty million of ARR and we're on the verge of crossing 40.”

“And our team's like 15, 20 people, you know, so it's just dealing with you know, we're going to be closing on like a 100,000 customers and we got our support teams, like three people.”

“Our forecast for the year is we want to get to a hundred million of ARR.”

“With bold, we like in the past seven years, what our company has been doing has been building an operating system that runs inside of your browser locally using your CPU.”

“We built the thing in 90 days. We built Bolton.”

“We got the twenty million of ARR without a mobile responsive view, by the way.”

“Like in Silicon Valley, it is usually folks are kind of at a job for, you know, to start for a kind of year or two, they kind of go to another, you know what I mean? And the problem with the turnover like that is that you can't, Take like really long bets like…”

“And we just kept seeing more and more and more people that were not developers using it to the point where it's like 70, 67% of our users are not developers, right? At this point.”

“So for example, we just invested in a company called Bolt, or previously the parent organization called StackBlitz... They've gone zero to 20 million in run rate in two months. And we were lucky to lead their series, be there.”

“Last week, we had, you know, almost 200,000 software composers, you know, we like to call them, that use Bolt to build web applications.”

“It's very complicated and expensive to typically do this if you're going to use servers. So it's very valuable to like do it in the browser because it's extremely fast. There's no latency. You're not paying by the minute, you know, for some cloud.”

“One of the big advantages we have is we've been building this web container technology for five years, and it's like pretty, pretty difficult stuff to do.”

“That's like the majority of people using Bolt at this point are, you know, non-technical. And it's interesting, the most successful people that are using Bolt are actually people that have had to interact with or manage development teams.”

“We've been online for just under two months now, and we've already had the first startups launch out of this thing. You know, they've used Bolt to build their startup and are making money, like, you know, charging on Stripe or whatever have you.”

“And just from a technical perspective, AI code gen models there's a tipping point specifically with Sonnet three, five, there's a chasm that's been crossed here as far as AI models are, Have gone over the tipping point of being good enough to really write real…”

“Earlier this year, I think like in February, we had the idea for Bolt. We tried to build it with some of the, you know, frontier models available at that time. Wasn't possible to do. the models were just did not spit back quality, accurate code that was const…”

“I think we're doing like three million developers a month using StackBlitz today.”

“Within, within a week, we, you know, we were doing like, you know, double the amount of traffic, and StackBlitz had been online for seven years, and we were like, what?”

“We had the idea for Bolt earlier this year, you know, we haven't really shared this too much publicly, but like, you know, we actually had tried to build it with some of those, you know, state of the art models back in January, you know, February, you can kind…”

“It turns out there are hundreds of thousands of people that we have seen that were using Cursor and we're trying to build apps with that where they're not traditional software does, but we're heavily leaning on the AI.”

“You made four million of revenue in four weeks.”

“These Docker two awesome things will give you an image that's like, oh, 60 to a hundred meg, you know, maybe more, you know. And our OS, you know, kind of clocks in, I think we're in like a, maybe, maybe a megabyte or less or something like that.”

“The second one are IDEs, because you're talking about actually the virtualizing the actual runtime environment you are in to actually build apps on top of it, which requires sophisticated capabilities, a lot, you know, access to, you know, a good amount of com…”

“And so actually the core of Bold.net, we actually made open source. So you can actually go like, go in and check out like the system prompts and et cetera, and you can run it locally and whatever have you.”

“I think like if you ask me what my advice, I think you have three options. One is to focus on bolt. The other is to focus on the web container. The third is to raise one billion dollar and do them both. I'm serious. Like, I think like otherwise. You need to ch…”

“We went from you know, call it zero customers to, you know 20, 30,000 kind of, you know, in, in six weeks”

“For the first time in the company's history, we're selling primarily to almost non-developers.”

“We're not actually taking, you know, to date on the revenue we've done, we have not really taken a margin at all on this stuff.”

“You can also buy additional tokens, you know, just with usage based billing effectively. And that's accounting for an additional 20, 30% of revenue that's coming to the company.”

“If you tell the AI to do like a ton of different things and it does a lot of them right, but then one of them wrong, then you don't want to roll back, but you know, that's the only, you're gonna have to manually change the code yourself. So that's the benefit …”

“We use cursor to build bolt, you know, like in our own code base. And we use bolt to like scaffold out UI.”

“There's at least a dozen people that have launched stuff that have said, yep, I've had my first customer or, you know, first dozen customers or whatever at this point from bolt”