Lovable CEO says Europe’s AI startups have a confidence problem, not a talent problem
TL;DR
Lovable CEO Anton Osika says Europe’s AI gap is about confidence, not talent, as his Stockholm startup hits $500M ARR.
Lovable CEO Anton Osika says European AI startups do not have a talent shortage, they have a confidence deficit. In a post on X over the weekend, Osika argued that founders were repeatedly told to move to San Francisco if they wanted to build a serious AI company, but that the real barrier was never the engineering pipeline.
“The talent was never the problem,” Osika wrote. “The belief that you could build from here was.”
The comments carry weight because Lovable has become one of the strongest data points for the counter-argument. The Stockholm-based vibe-coding platform surpassed $500 million in annualised revenue this month, making it one of the fastest-growing software companies in history with just 146 employees. The company has raised $653...
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