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Jaeden Schafer

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3150 total appearances
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Podcast Appearances

AI in Business
Lovable's $6.6B Valuation via $330M Round

I will just tell lovable, like only use these packages.

AI in Business
Lovable's $6.6B Valuation via $330M Round

Don't add any new packages.

AI in Business
Lovable's $6.6B Valuation via $330M Round

Only use these libraries.

AI in Business
Lovable's $6.6B Valuation via $330M Round

And it will do the whole thing with kind of the limitations you give it.

AI in Business
Lovable's $6.6B Valuation via $330M Round

It will design all of that.

AI in Business
Lovable's $6.6B Valuation via $330M Round

And then when you have to put the code into your code base,

AI in Business
Lovable's $6.6B Valuation via $330M Round

It's super easy.

AI in Business
Lovable's $6.6B Valuation via $330M Round

It's not adding new packages.

AI in Business
Lovable's $6.6B Valuation via $330M Round

This is a problem.

AI in Business
Lovable's $6.6B Valuation via $330M Round

I think the first time I used lovable, I had tried to give it to my CTO and he was like, dude, this has like 30 new packages that are not currently used just for your one page.

AI in Business
Lovable's $6.6B Valuation via $330M Round

So we had to work on it a bit.

AI in Business
Lovable's $6.6B Valuation via $330M Round

Once you get over that and you figure out how to work with it, it is super fast, super easy and really, really beautiful.

AI in Business
Lovable's $6.6B Valuation via $330M Round

A lot of major companies use Loveable, including Klarna, Zendesk, Uber, and they love it.

AI in Business
Lovable's $6.6B Valuation via $330M Round

And for the same reason that I've mentioned here, apparently Loveable has more than 100,000 new projects created on its platform every day.

AI in Business
Lovable's $6.6B Valuation via $330M Round

They have 25 million projects built during their first year.

AI in Business
Lovable's $6.6B Valuation via $330M Round

And they're planning to use this new capital, this $330 million as they've just raised to essentially deepen integrations with third party tools.

AI in Business
Lovable's $6.6B Valuation via $330M Round

And I think this is absolutely the right approach because when they first started, it was basically a beautiful front end design maker, but it wasn't something that was really good at making products.

AI in Business
Lovable's $6.6B Valuation via $330M Round

They've added a whole bunch of really great integrations, super base for backends and databases has been added.

AI in Business
Lovable's $6.6B Valuation via $330M Round

So you can actually create tools that you can have users that sign up.

AI in Business
Lovable's $6.6B Valuation via $330M Round

and you have like a database for your tool.