Unicorn is indeed an exaggeration but 1-5M ARR doesn't need funding. Most in that range weren't VC funded, as by VC metrics that's considered a failure and they shut down if they can't get past it.

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locknitpicker an hour ago | parent [-]

The problem still holds: how do you expect to make money by putting together something that anyone with no software development expertise and a $20 subscription is also able to put together?

See also: dark forest hypothesis and AI.

	▲	deaux 40 minutes ago \| parent [-]
		Among all apps that do $1M ARR, the share that got there through particular software expertise that only few people had, has been exceedingly small for a very long time now. Another similar but different point: no software development expertise doesn't mean no other expertise. As an extreme example, good luck building tax software with zero tax expertise. This applies to tons of niches. A third point - lots of this increase in apps is from people who do have software expertise. They're now just able to create things they didn't have the time for, despite their expertise.