The Peel with Turner Novak

Zero to $20m ARR in Two Months: Inside Bolt’s 7-Year Journey to Overnight Success | Eric Simons, Co-founder & CEO

48 snips
Feb 20, 2025
Eric Simons, Co-founder and CEO of StackBlitz, shares his insights on the meteoric rise of Bolt, a full-stack app builder, which skyrocketed to $20 million ARR in just two months. He recounts the seven-year journey, including the initial failure and lessons on capital efficiency. Simons discusses the importance of open-sourcing code and building a community, as well as the viral impact of a single tweet. He also dives into how AI will revolutionize software development, shaping the future of coding for non-developers.
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INSIGHT

Bolt vs. Other AI Tools

  • Claude and ChatGPT have limited app-building capabilities.
  • Bolt allows complex software creation by running a full OS in-browser.
ANECDOTE

Bolt Arbitrage

  • A freelancer used Bolt, spending $7 on inference, to build a web app.
  • They then charged their client $9,000, demonstrating Bolt's potential for high ROI.
INSIGHT

Dev Environment Setup Time

  • Setting up developer environments at large companies like Meta or Netflix can take 4-8 weeks.
  • Bolt simplifies this by providing instant, in-browser environments.
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