Two years ago they were boasting of how being small (two dozen people) and using AI was the secret enabler of their growth. No bureaucracy! Product people go brrr with little developer need.

24 months later, their headcount ballooned, they are now more than 1'000.

Product keeps soft pivoting every few months and no single mediocre application built on lovable has gained any traction whatsoever, not that I've heard of it.