"I [can] sit here now and say, 'look, guys, you can build a global AI company from this country'. There is more available talent if you have a strong mission, and you have a lot of urgency coming together as a group and working."
"We just see all of these people in the community driving forward,"
"They've been active voices on Discord for, I think, the last 1,000 hours, debating some kind of WordPress operation. That was powering what we're doing."
"It was tempting, but I really resisted that,"
Lovable increased annual recurring revenue from $100 million to $200 million in four months, reaching the milestone within a year of the company’s founding. The company credited the decision to remain in Europe rather than relocate to Silicon Valley as a central factor enabling growth. Staying in Stockholm facilitated access to talent drawn by mission-driven work and in-person collaboration, including hires from Silicon Valley firms. A less high-paced European AI market provided room to scale. An active open-source community and Discord engagement continued to improve the product. Lovable has raised over $225 million in venture funding amid strong investor interest in AI coding tools.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]