This analysis is very much on point. I'm building a product in this space (https://getmocha.com), and can share a few more insider insights:
- The churn from companies like lovable is indeed very high, and user frustration is high also.
- There are sub-niches available. Building internal tools is not the same as landing pages is not the same as saas. In the previous website builder market, different players (webflow, squarespace, wix) found and dominated a sub-niche
- The market is way bigger than anyone realizes. Today hundreds of millions for basically early adopters and highly tech-savvy users. This tech can and will go mainstream
- A huge issue with lovable, solved by others like mocha and replit, is the app backend. Lovable took a shortcut and partnered with supabase but that deal will not last. Supabase is losing big on their free tier (had to raise 200M to support it) and both want to capture the margin from the customer. There will be a reckoning.
This analysis is very much on point. I'm building a product in this space (https://getmocha.com), and can share a few more insider insights:
- The churn from companies like lovable is indeed very high, and user frustration is high also.
- There are sub-niches available. Building internal tools is not the same as landing pages is not the same as saas. In the previous website builder market, different players (webflow, squarespace, wix) found and dominated a sub-niche
- The market is way bigger than anyone realizes. Today hundreds of millions for basically early adopters and highly tech-savvy users. This tech can and will go mainstream
- A huge issue with lovable, solved by others like mocha and replit, is the app backend. Lovable took a shortcut and partnered with supabase but that deal will not last. Supabase is losing big on their free tier (had to raise 200M to support it) and both want to capture the margin from the customer. There will be a reckoning.