The Ledger, every show

“I do think there's like a fifty-fifty chance they will have the best model. We'll be using a Chinese model at some point, because...”

“The way of doing it right now with the design, what like one person does all the design very slowly, very detailed is going to be replaced by AI doing, you talk much more high level, and you talk about your design philosophy, and then the AI does the implement…”

“I think we're going to have, like, Maybe a shift away from some very glamorous jobs, which people will be get depressed by, like similarly to how being like an artist was like so fucking cool, but clearly you can't make any money as an artist. I think we're go…”

“We have month one retention that's better than ChatGPT's month one retention on paying customers, and so it's about 85%.”

“OpenAI lost all their best talent to Anthropic”

“That's what we're seeing with people making hundreds of thousands of dollars having built production-ready applications, but just by prompting, not looking at the code ever.”

“I think the, like, agents, they often get confused and trip over themselves, and we're in a year going to see that happening, like, by an order of magnitude less often.”

“OpenAI is doing that better than Anthropic. So I see them as a more serious competitor in, in, in 12 months.”

“And we have to do it both with like how we build this agentic chain and over time in building absolutely world-class paying a hundred million dollars for getting the people that train the models. So, so that's on the horizon for us to get it to like be hyper-p…”

“Yeah, we're going to see a plateauing. There's some sigmoid curves where I think we're still in this, like, exponential phase of the sigmoid curve, so it and those could be something like science and engineering, and like bioengineering, where AI is just going…”

“I think the best ones will always be closed but if you want maximal flexibility and some kind of open ecosystem around it might be that open ones are the ones that most people choose.”

“We're the mostly used interface for humans to AI.”

“Once we launched that, that was the 21st of November, so that's almost three months ago. We just hit like one million ARR in a week, and then it kept growing at that pace. It's still growing at even faster than that pace.”

“And the places where it gets stuck today is currently something that where you can use being very good at understanding and getting unstuck, but in the future, it won't be so important. This is just going to not get stuck.”

“The last piece of software, how I see that is that it's almost instant to go from what you want to change in a product or what you, what product you want to build. To having it fully working end to end, integrated with any of your existing systems or integrate…”

“Two million ARR per week.”

“If you look at the enterprise revenue, like, Anthropik is almost caught up to open AI from nothing, from being absolutely dominated”

“What you need to ramp is to decide what, like, the process for storing memory, I think is what you have to ramp and it has to store all of these things. Like my conversation with Harry has to be stored somehow into the system and all like my childhood almost h…”

“You don't need to be attached to one foundation model provider. They're all going to be amazing. You don't need to There's not going to be one winner here.”

“I'm not so read, well read on the public market. It would be a SaaS company. It would be like a SaaS company that has a per seat pricing where those, their ICP is going to be replaced by AI SaaS that just replaces the employees. So the seat, the number of seat…”

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

“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.”

“We're going to see a completely new type of experience and interface to build software products, and it's not going to be humans looking at the code, it's going to be something new, something more like visual, and driven by talking to an AI, and it's going to …”

“Lovable today is your technical co-founder. We want it to be your co-founder in general that handles all the admin, setting up your finance operations”

“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.”

“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…”

“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.”

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

“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…”

“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 …”

“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…”

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

“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…”

“Most of our users, they just build purely in Lavable.”