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Base44 sells to Wix for $80M cash

techcrunch.com

21–30 of 122 posts

Re: Base44 sells to Wix for $80M cash

#21

That is pretty impressive considering even the hottest startups barely reach $100 million in implied valuation within 6 months, let alone cash value. And that’s with far more stacked teams with far better credentials e.g. Perplexity

Is it, though? Is it impressive to find monetary success for a competing platform in an already crowded space in an age in which the entire software industry is driven by buzzwords and hype, or is it more impressive to solve a novel technical problem?

Re: Base44 sells to Wix for $80M cash

#23
The reality is they paid for the subscribers, not the code. 250,000 sign ups is a lot. Sounds like they hit a real pocket, I would guess on LinkedIn ads/content. I can imagine a ton of non engineers who doom scroll LinkedIn would easily have signed up for a free account.

Re: Base44 sells to Wix for $80M cash

#24
post #12

It's a wrapper for Claude. What's the moat here? Why this and not one of a dozen similar products? Why not reproduce from scratch? $80M would buy you a decent development team and it doesn't seem like these kind of apps are hard to make. Is there something especially good about Base44? Or are they paying for the user base or the time to market advantage?

For us in the back, what is a vibe coding platform anyway? I know and use Claude, if that helps anchoring.

Re: Base44 sells to Wix for $80M cash

#25
post #4

8 people team does not look like "solo" at all

Reading the actual article reminds me of the old soviet joke: Q: Is it true that Ivan Ivanovich Ivanov from Moscow won a car in a lottery? A: In principle yes, but: 1). it wasn't Ivan Ivanovich Ivanov but Aleksander Aleksandrovich Aleksandrov; 2). he is not from Moscow but from Odessa; 3). it was not a car but a bicycle; 4). he didn't win it, but it was stolen from him.

Ronald Reagan - Soviet Jokes

https://www.youtube.com/watch?v=mN3z3eSVG7A

Re: Base44 sells to Wix for $80M cash

#30
post #24
post #12

It's a wrapper for Claude. What's the moat here? Why this and not one of a dozen similar products? Why not reproduce from scratch? $80M would buy you a decent development team and it doesn't seem like these kind of apps are hard to make. Is there something especially good about Base44? Or are they paying for the user base or the time to market advantage?

For us in the back, what is a vibe coding platform anyway? I know and use Claude, if that helps anchoring.

It's something that frustrates developers, spits out terrible pull requests and only fixes bugs by introducing new and exciting ones.

But it's something that you can put in your company's portfolio to attract VC capital.

It's a terrible tool that makes a lot of money for the corporation.

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