We just raised $400M in Series C

My friend built his niche news site with lovable. He used Wordpress as a headless CMS, and lovable built some absolute monstrosity with cloudflare workers - every page view incurred a call to Wordpress, no proper caching and it was slow as hell. It was just Wordpress but with 10 extra layers. 3+ second TTFB.

He didn’t have the technical skills to know why it was a monstrosity, or how to prompt his way out of it.

For him a static site was a better choice, but apparently lovable will only use their own framework called “Tanstack Start”? You can’t get it to build you an AstroJS site.

I got him to switch to Cursor and he rebuilt the whole site with Astro and cloudflare pages in a couple of days. It’s now blazing fast.

This is not crazy. What's crazy is one of their favourte stories, Viver de IA [Brazil], a company that uses AI to build an AI education company.

I feel like this valuation could be cut by 75% if Anthropic paid more attention to Claude Design.

This is crazy. Do people still use Lovable, I know they were super popular before Codex/Claude Code, but since then, I feel most people (even non-engineers from what I seen) have moved to these tools. Is Lovable still the easiest way to get an site/app going?

And as a side note, what are people's thought on the best coding agent for frontend dev?

Wonder of any of the early money got out. Very little visibility to the secondary market on these things. I remember back in dot-com days folk would take leverage on their unrealized gains. Didn't work out that well. Selling at small discount in the secondary, which was mocked, turned out to be a good play.

Seems lots of the market for tools like this is un-moat-able. Hopefully someone smarter than me shares their experience with that.

blah blah bubble