| ▲ | sixdimensional 4 hours ago | |
I appreciate what Lovable did as far as contributing to giving people agency over technology to build things, whether they were ideally built or not, from an engineering perspective. I can't help but feel deep down somewhere inside though - boy.. $400M is so much money - whenever I see these kind of huge raises, I kind of wonder, how likely is it to fail when you have been granted such an enormous opportunity, plus all the other money they've raised. This question isn't limited to Lovable of course.. but it's just.. wow.. it's so much runway... will they end up spending it wisely? I feel like a lot of companies end up spending this on scaling out sales, sales engineering, marketing, advertising, splinter/side efforts, tons of hiring/headcount expansion, global expansion, acquisitions... and this often makes the companies big, slow-moving behemoths, but does it really advance the core mission, technology, infra, etc.? Will be interesting to see where this takes lovable. Congratulations to their team! | ||
| ▲ | bix6 4 hours ago | parent [-] | |
Half the raise is for marketing no doubt | ||