How Bolt.new hit $40M ARR in 5 months

Bolt.new, a product by StackBlitz, achieved $40M ARR in just 5 months by leveraging improved LLM capabilities (specifically Claude 3.5 Sonnet) to unlock an AI-powered code generation product that was technically infeasible until mid-2024. The company maintained a deceptively simple UX while building powerful underlying technology, demonstrating how product-market fit emerges when technology maturity aligns with market opportunity.