The Ledger, every show

“We launched Lavable less than three months ago, and now we have 300,000 monthly active users, and 30 of those, 30,000 of those are actually paying. And it is growing on this at the same rate, it's like, you just, almost only through organic word of mouth.”

“We have set up Lovable so that we can change Lovable with itself. We have done that.”

“AIs can do that on absolutely massive scale and propose changes to a human to say like, oh yeah, that sounds like a good change to make it a bit more intuitive. And it can also automatically run, spin out A-B tests so that you can see with data, all these impr…”

“I mean, doing a bit of everything, being a generalist is, I think, much more important than it used to be. And the, if I'm putting together a product team today, I would re-obsess about getting as much of, as many skill sets as possible for each person I hire.…”

“Inspiring people to be this ambitious in a place where the average ambition is lower, but the talent, the raw talent is much more available is, is a great recipe. I think that's a great recipe. So then, and that's what's I think it's some kind of advantage the…”

“For a product like ours, it's hard to be, like have product managers that are not engineers say, oh, this is what we should do now, because The right solution to the problem might be entangled in things that are like technical details, or they might be entangl…”

“The bottleneck for most products these days, it's not going to be as much on engineering, but having Good taste, good intuition about your users, and that, I mean, engineers and everyone preferably in the team should have that, like, willingness at least to wa…”

“Yeah, I think if you spend a full week on trying to reach an outcome, the best way to learn is like, I want to do this thing, and then I'm going to use AI to do that thing. And then you've spent a full week, you're in the top one percent in the global populati…”

“What works in the beginning Is to say yes onto a lot of opportunities and try out what works. Once you become more people and you have to follow up and maintain everything that you start, you have to be much more focused.”

“So I think experience can be a negative thing in some cases. You often want people who are super ambitious, they have a lot to prove, and they are more open-minded towards how, how you should work together in the team.”

“Hey, if you want to ship the first version of your SaaS and start making money, it's all you. It's not a team. Like a team just slows you down.”

“I think yes. Prompting can, you can do almost anything with prompting and explaining your thoughts in written form.”

“Here again, like I have a very wise person who was like, no, dilution doesn't matter so much. It's all about the size of the pie. And I think that was, I was both affected by that advice as well as my, like, no, minimize dilution. This is my life, life's work.…”

“The most important thing is talent and culture, and it's, More raw, there's more raw available talent in Europe.”

“The big megacorps, they move very slowly in many domains. So they're never going to, in many years, they're not going to have the best product on the market.”

“Some talent play. What comes to mind is Tesla. They're also interestingly positioned outside of software.”

“You can take your idea to an application in what used to take people, like six months, going to be done in a few hours.”

“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.”

“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.”

“Today it's used a lot for, as you said, like creating this first version of your startup by, both by teenagers or kids that are like, I want to make money and create something. And serial entrepreneurs that raised like fifty million dollars, but now they were …”

“Now we have a 120,000 are paying and it's a simple, simplest way to measure that.”

“Almost all of the growth is from word of mouth. So it's quite, it's like, it looks almost scary, like linear or like very predictable growth.”

“We don't, we want to help founders and we want to help them build their product, but we also want to help them get distribution on their products, right? So we're kind of building in growth over time into like the offering of building on Lovable. One part of t…”

“We still have not done this bootstrap where everything on lovable is edited with itself. And we are going to get there.”

“The hardest part to get right is this inter interaction between like the AI, the complex agentic systems of like how the models are used and the user experience.”

“We looked at, like, the number, this was a few months ago, but we looked at how much Revenue is flowing through the AI from lovable applications. Okay. And it was more than ten million dollars in ARR.”

“Yes, I think so, but maybe it will evolve in terms of how you do it. It will, like, hyper-personalization takes care of a lot of detailed prompting. That we have to do today.”

“I mean, it's your perfect co-founder that you go to with your idea from the idea stage, but also all the way up to growing your business once you have customers and taking care of like what Elena is doing, optimizing the product for growth, optimizing the prod…”

“What we just released is that you can actually edit this. Like this is a fully functioning product, but you can edit it visually. Like you can edit, like you do in Squarespace and Wix and so on. So I'll just change the text to buy now. And then it instantly ch…”

“Lovable Earlier was always creating new projects on GitHub when someone used Lavable, and it was, we asked them, is it fine? Like, how, what's the limits here? They said, are there no limits? But once we started creating 15,000 projects per day, so there were …”

“You should say no to as many things as possible and make it more of like an apple feeling. The things you do them superb.”

“The best people that you can hire at a young age, they would go on and become founders, and then you can't hire them anymore, right? So, so that's why junior people are often quite good.”

“Hook them up and make you basically put the large language model in a for loop and then you can have it do a lot of agentic things.”

“When we went on to iterate over the coming year, we packaged together all of these things so that you can ask today lovable, I want to build a basically a SaaS business, and then people have built their entire SaaS companies and get made money by just promptin…”

“I think the waitlists are useful in that you can control exactly how many people you want to get on board and take user interviews with them.”

“But once you have existing software, With users, and then you want to iterate and change that software, AI might absolutely bring down, kind of mess up your entire codebase.”

“So we took three million and then we added on I got the advice to say like, yeah, just to get a lot of cash because you never know what happens in the markets. So we raised a quite a large pre-seed round with an up to almost eight million dollars.”

“I think at Lovable we thought a lot about the community, and like community features inside of the product, and the, that, I think that could have made a lot of sense if we had seen slower growth. But now that it's just like growth is not something we, not a c…”

“Thinking that we should change the culture and become a more of a scale up something slow moving or like more management layers when we became 40 people. That's, that was the biggest mistake I did.”

“So we have almost 40,000 paying users, and then that's the proxy for that.”

“Otherwise, I think you shouldn't, don't innovate so much, too much on pricing. Do whatever works today.”

“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…”

“We have many apps that are like hundreds of thousands of users on their applications as well, or like visitors.”

“Yeah, so we launched the team plan a month ago, and we've already have more than four, I think, 5000 people who paid more to get on the team's plan where you collaborate, and that's done by a company, right?”

“So we're about 30 people now, and we've had to just increase our support side quickly, because they're still with this volume, there's always support the questions. We're 17 engineers, people working in operations, and now increasingly some people who like did…”