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Wix Drops $80M to Acquire a Solo AI Startup—Here’s What They’re Planning
- Israeli developer Maor Shlomo sold his six-month-old AI startup, Base44, to Wix for $80 million in cash.
- The acquisition highlights how fast-growing AI platforms with small teams can secure major exits.
- Base44 had just eight employees and they will share a $25 million retention bonus as part of the deal.
- Launched as a side project, Base44 gained momentum quickly with over 250,000 users within six months.
- Despite high costs, the platform generated $189,000 profit in May alone.
- Shlomo shared growth stats openly on LinkedIn and X, aiding organic growth.
- Base44 is a 'vibe coding' tool enabling the creation of applications without writing code.
- Wix adds a high-potential LLM-powered product to its offerings with this acquisition.
- Base44's profitability, scalability, and bootstrapped nature made it stand out.
- Shlomo sold due to scaling limitations and looks forward to utilizing more resources.
- The acquisition signifies the rise of lean AI startups capable of building innovative products quickly.
- The future startup landscape might favor compact, AI-driven teams.
- The article originally appeared on TechJuice.
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