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Six-month-old, solo-owned vibe coder Base44 sells to Wix for $80M cash

1. Wix acquires Base44 for $80 million in cash. 2. Base44 grew to 250,000 users in six months. 3. The startup was profitable with $189,000 in May earnings. 4. Acquisition strengthens Wix's no-code service offerings. 5. Retention bonuses worth $25 million are allocated for Base44's employees.

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FAQ

Why Bullish?

The acquisition enhances Wix's position in the no-code market, supporting growth, similar to how acquisitions previously boosted companies like Shopify.

How important is it?

The successful acquisition and rapid growth of Base44 suggest Wix will benefit significantly in the long run.

Why Long Term?

This move enables Wix to integrate new technologies, likely leading to sustained user growth and revenue, much like past successful tech integrations.

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