Behind the Craft We were going to shut down our company…now we’re worth $700M | Eric Simons (Bolt)
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Feb 23, 2025 
In this discussion, Eric Simons, CEO of Bolt, shares his journey from nearly shutting down to skyrocketing to a $700M valuation in just two months. He demonstrates how Bolt enables users to build a $2B mobile app in 15 minutes, highlighting the power of AI in streamlining coding. Eric dives into the complexities of app development, the secrets of 'vibe coding,' and how to enhance user interfaces using AI. He also reveals strategies for effective prototyping and scaling from 0 to 3 million users.
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Near Shutdown to Success
- Bolt was almost shut down due to monetization challenges.
- An early preview of the Sonnet model changed everything, leading to rapid growth and success.
Effective Prompting Tips
- Plan your app's features and UI before prompting.
- Break down the development into smaller, manageable tasks, starting with UI.
AI Debugging Challenges
- Debugging AI code requires understanding context and limitations.
- Bolt integrates reasoning models and human experts to handle debugging challenges.