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The Journey to $1M ARR

As of March 15, 2026

$207,506 ARR$1M goal

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The AI Product Graveyard Is Coming. Most of What’s Being Built Won’t Survive.

Nomiki Petrolla

Nomiki Petrolla

·11 min read

Solo founder & CEO of Theanna, the equity-free platform for non-technical women building tech startups. $207,506 ARR. Building in public, sharing the wins and the losses along the way.

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The internet is swarming with “I built this.” Cool. Now what? A product is not a company. The graveyard is already starting. Here’s what separates the founders who survive from the ones who quietly disappear.

TL;DR: AI tools made it possible for anyone to build a product in a weekend. But building is the easy part. The hard part is everything that comes after — finding customers, pricing your product, acquiring users, running operations, adapting when you realize you built the wrong thing, and having the grit to keep going. The next 12 months will produce the largest wave of dead products in startup history. Not because the products are bad. Because nobody taught the builders how to build a business. The graveyard isn’t coming. It’s already here.

What You Will Learn in This Post


The graveyard is already here

Open Twitter. Open Reddit. Open any founder community. The posts are everywhere.

“I built my MVP, how do I get traction?”

“I launched but nobody is signing up.”

“What is traction and how do I get momentum?”

These are real posts I see every single day. And they all have the same story. Someone used Lovable or Claude Code or Cursor or Bolt and built something in a weekend. It works. It looks good. They’re proud of it. And then they hit a wall because they have absolutely no idea what to do next.

The wall isn’t technical. The wall is business. And nobody warned them it was coming.

10 million projects have been created on Lovable alone. Cursor is at $2B ARR. 73% of tech startups now use AI coding tools. 41% of all code written globally is AI-generated. The volume of products entering the world right now is unprecedented.

But 90% of startups fail. The #1 reason isn’t bad products — it’s no market need. 34–42% die because they built something nobody wanted to pay for. Another 56–69% fail from marketing and distribution mistakes. Only 10–15% of MVPs achieve strong product-market fit without pivoting.

Those failure rates existed before AI tools. Now we have 100x more products being created with the exact same failure rates on the business side. The math is simple. The graveyard is going to be enormous. And it’s not coming — it’s already started.

The AI product graveyard: The mass extinction of AI-built products that are technically functional but commercially dead — because their creators could build software but couldn’t build a business.

Just because you can build doesn’t mean you should

This is the part nobody wants to hear.

The tools have made building so frictionless that people aren’t stopping to think. They have an idea on Monday, a working product by Wednesday, and a landing page by Friday. They never paused to ask: does anyone actually need this? Will anyone pay for it? Is this solving a real problem or just a problem I think exists?

Just because you can build anything doesn’t mean you should build everything. The ability to ship fast is a superpower, but only if you’re shipping something that matters. If you’re not putting thought into what you’re building and why, you’re just adding to the graveyard.

I say this as someone who uses these tools every day. I’m a non-technical founder at $207K ARR. I build my frontend with Claude Code. I wouldn’t have a product without AI tools. I’m not anti-building. I’m anti-building-without-thinking.

There are so many skills that go into building a company and a product is not a company. Customer acquisition. Pricing. Distribution. Operations. Sales. Community. Content. Support. The product is maybe 20% of the work. The other 80% is the business — and that’s the part that kills you.


Lovable vs Claude Code: two tools, two markets, one problem

I’ve written about this before and I use both tools. But in the context of the product graveyard, the tool you choose actually says a lot about where you’re headed.

Lovable’s agent is insane. It has pretty much taken all friction out of building. You describe what you want and it builds it. It’s incredibly impressive and they’ve genuinely democratized software creation. Their target is to help people build without thinking about all the hard parts — and they’re succeeding.

But here’s the problem with removing all friction: when building is effortless, you have less stake in the game. You don’t learn what connects to what, why it works the way it does, or how to actually secure it. Beginners are starting with Lovable because the barrier is zero — and that’s exactly why so many of them hit a wall when they try to do something real with what they built.

Claude Code is different. It’s for more advanced tinkerers — people who aren’t necessarily technical but know a bit more about architecture. It’s harder to use. There’s more friction. And I actually think that’s a feature, not a bug. Claude Code makes you pause, think, and act accordingly. You have to understand the connections. You have to learn. That friction creates investment. When something is harder to build, you think harder about whether it’s worth building.

Here’s my honest take: Lovable is better for ideation and MVPs. It’s going to dominate with solopreneurs, course creators, experience-driven users — people selling products, services, and digital goods. But if you’re building a SaaS company, if you’re serious about building a real business with paying customers and recurring revenue, I wouldn’t build my full product on Lovable. But it’s perfect for validation — start here, learn, and then move on to a more robust tool when you’re ready.

People think Lovable and Claude Code are competitors. I don’t see it that way. They’re going after two different markets. And the founders in both markets have the same fundamental problem: knowing how to build a product doesn’t mean you know how to build a company.

I’d be curious to see the abandonment rates on both platforms over the next year. My gut says the numbers will be staggering — and the gap between “projects created” and “businesses surviving” will tell the whole story.

Lovable removes friction so anyone can build. Claude Code keeps friction so you learn while you build. Both can produce great products. Neither teaches you how to build a business.

The build trap: when shipping feels like progress

There’s a specific trap that AI tools make worse, not better.

Building feels productive. You can see the progress. A new feature, a new page, a new integration. Every session with Claude Code or Lovable produces something tangible. You screenshot it. You post it on Twitter. People say “this looks amazing.” It feels like you’re making progress because something visible changed.

But shipping features is not the same as making progress on your business. You can ship 50 features and still have zero paying customers. You can redesign your landing page 10 times and never talk to a single user. You can add dark mode, notifications, analytics, and an AI chatbot — and still not know whether anyone actually wants what you’re building.

The build trap is when you keep building because it’s comfortable — because the tools make it effortless — and you avoid the hard, uncomfortable work of selling, talking to strangers, hearing “no,” and figuring out the business.

I see this constantly. Founders who have been building for months but have never talked to a potential customer. They’ve sent surveys. They’ve posted in Facebook groups. But they’ve never had a real conversation with someone who might pay for what they’re building. Surveys are not customer discovery. Features are not validation. Building is not progress unless it’s informed by what customers actually need and will pay for.

The build trap: The cycle of continuously shipping features, redesigns, and improvements to avoid the harder work of customer discovery, sales, and business building. AI tools make this trap easier to fall into because building has never been more frictionless.

A product is not a company

My primary customers at Theanna are people who realized: “Oh, I can build anything — but I have no clue what to do next.”

And that realization? That’s the moment that matters. Because most people never get there. Most people stay stuck in the build loop, convinced that one more feature will fix everything.

These are smart founders. They built something real and they’re already ahead of 99% of people who just talk about starting a company. The fact that they’re looking for what comes next means they already know the product isn’t the whole picture. That self-awareness is exactly what separates them from the ones who stall out.

A company requires:

  • Customers who will pay real money. Not friends who say “this is cool.” People who pull out a credit card.
  • A repeatable way to reach those customers. Not one viral tweet. A channel that works next month too.
  • Pricing that makes the math work. Revenue that exceeds what it costs to acquire and serve the customer.
  • Operations that run without you. Systems for support, onboarding, billing, and retention that don’t collapse when you sleep.
  • The ability to adapt. Because you almost certainly built the wrong thing the first time. The founders who survive are the ones who can hear that, adjust, and keep going.

None of these are product skills. Every single one is a business skill. And no AI tool on the planet teaches you any of them — yet. That’s exactly why we’re building Theanna in this space. The tools solved the build problem. We’re focused on solving the business problem — teaching founders how to acquire customers, price their products, run operations, and actually turn what they built into something that generates revenue. Because that’s where the gap is, and it’s only getting wider.


What separates the founders who survive

I’ve watched 200+ women founders go through Theanna. The women in Women Build Cool Sh*t are not the ones ending up in the graveyard. They join because they’re the ones putting ALL of their energy into this. They’re hungry. They have grit. They’re willing to hear hard truths and keep building anyway.

What separates them from the ones who quietly disappear?

  • They talk to customers before they build more. Not after. Not later. Now. They learn what the problem actually is in the customer’s words, not their own.
  • They find one acquisition channel and go deep. They don’t try to be on TikTok, Instagram, LinkedIn, and YouTube simultaneously. They pick one, test it with real money, and figure out the unit economics.
  • They charge money early. Not “when it’s ready.” Not “someday.” They put a price on it and see if anyone pays. The willingness to pay is the only validation that matters.
  • They adapt when they’re wrong. And they will be wrong. The first version is almost always wrong. The founders who survive don’t take it personally — they take the data and build again.
  • They stay in the room long enough. They find a community, show up consistently, ask for help, and keep going when it gets hard. The ones who disappear after week two are the ones who end up in the graveyard.

This is what separates the founders from the builders. Building is a skill. Founding is a different skill entirely. It’s grit. It’s resilience. It’s being hungry enough to take something to market and honest enough to see if it’s worth pursuing.


What I’d tell you if you just shipped your MVP

Congratulations. You built something. That’s real. The product exists and it works. That matters.

Now here’s the truth: you are at the starting line, not the finish line.

The product was the easy part. I know that sounds wrong because it felt hard. But it was maybe 20% of what building a company requires. The other 80% is about to start. And it’s going to be harder, slower, and less satisfying than building.

Here’s what to do right now:

  • Stop building new features. Whatever you have is enough to start talking to people. It doesn’t need to be perfect. It needs to be in front of a human who might pay for it.
  • Talk to 10 people this week. Not friends. Not family. Strangers who have the problem you’re solving. Ask them how they currently deal with it. Ask them what they’d pay. Listen more than you talk.
  • Put a price on it. Even if nobody pays. The act of asking for money will teach you more in one day than six months of building.
  • Learn which data actually matters. Not vanity metrics. Not page views. The three numbers that tell you whether your business is working. Learn to separate signal from noise.
  • Find a community. You cannot do this alone. Find other founders who are in it. Learn from them. Stay accountable. The lonely founder is the dead founder.
  • Accept that this takes months, not days. Building Theanna to $207K ARR took a year. Not a weekend. A year of ad testing, conversion optimization, pricing experiments, community building, and hundreds of customer conversations.

The AI product graveyard is filling up right now. Every day, more products get built and more products get abandoned. The tools gave everyone the ability to create. They didn’t give anyone the grit to survive.

That part is on you.

Ready to Build the Business, Not Just the Product?

If you’re a woman founder who built something and doesn’t know what to do next — Theanna is your roadmap. We teach the business side that AI tools can’t: customer acquisition, pricing, operations, and everything it takes to turn a product into a company.

Join Women Build Cool Sh*t