Jaeden Schafer

All of a sudden, people are able to make money from it.

When it comes to doing a lot of the hosting, that's a really big feature.

Speaking on stage at the Slush conference in Helsinki this year, their CEO, Anton, was talking about this and he said that the company was growing super fast.

And part of this was because of his decision to keep the business headquartered in Sweden, even though everyone told him to move to Silicon Valley.

He said it was tempting, but I really resisted that.

I can sit here now and say, look, you can build a global AI company from this country.

There is more available talent if you have a strong mission and a lot of urgency working together.

So I don't know if it's only successful because it's out of Sweden.

I feel like it may have also been successful out of Silicon Valley, but it is, I think, a phenomenal thing that you don't have to have every AI company in Silicon Valley.

So I really do appreciate that, you know, they're a great example of that.

In November, lovable had a bunch of criticism.

There's some reports that came out that said they'd not been paying value added tax, which applies to a lot of goods and services in the EU.

Their CEO confirmed the issue on LinkedIn saying that they would get back to it and you know,

pushed back against the claims that the EU tax policy makes their region really inhospitable for high growth startups.

So I mean, on the one hand, yes, they are like sort of this anomaly out of Sweden.

On the other hand, they really did get kind of roasted by the

by some of these tax things, but he still defends the area.

So good for him.

Obviously, this is a really popular industry.

Vibe coding is getting more and more adoption.