European AI startup that reached a $1.8B valuation just 8 months after launch.
“Lovable hit 500 million of ARR. So 500 million of ARR with 146 employees.”
Source→“Every founder today wants to run a startup that's at least a million in revenue per employee or more. They're targeting 2 million... My sense is that roughly over the coming years, startups will be half the size that they used to be for revenue, including enterprise.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.