Lovable just got called out for not paying VAT in Europe yet. Many came to our defense saying the EU isn't built for hypergrowth startups.
I appreciate it, but that's not my takeaway. We can build a generational company from Europe, and I want to prove it. I'm not asking Europe to stop being Europe.
I don’t know the perfect solution, but there are advantages to a high trust society and systems that don't bankrupt people when they get sick.
Lovable WILL – and has always planned to – be compliant and pay any fees from being late. We pay our taxes and hope to pay billions more in taxes over the years to come.
Building from Europe is a bet I'm proud of.