

How Bolt.new Went From Failure to $40 Million in 5 Months
Join Hustle Fund's Elizabeth Yin in conversation with Eric Simons, Co-founder and CEO of Bolt.new, for a behind the scene look at what it takes to save a company from the brink.
StackBlitz was weeks away from shutdown. The board knew it. The founders knew it. They had great tech and couldn't sell enough of it. Instead of accepting the ending, they hustled hard, spun up every idea they could, and one of those ideas became Bolt.new. What looked like a tragic ending turned into a new chapter.
This is a rare chance to hear directly from someone who lived it, and learn what to do when the business isn't working but you're not ready to quit.
🧠 What to expect:
What it's like to have real shutdown conversations with your board and keep going anyway.
How the StackBlitz team stayed creative and high-output when runway was almost gone.
How Bolt.new went from a desperate idea to a product that changed everything.
What Eric would do differently, and what they'd do exactly the same.
Live audience Q&A: Elizabeth will bring your questions directly to Eric.
Whether you're an early-stage founder staring down a hard moment or just want a real story about startup survival, you'll leave with something useful.
Meet Eric Simons, Co-founder and CEO of Bolt.new
Eric Simons is the Co-Founder and CEO of Bolt.new, an AI tool that lets you build stunning apps and websites by chatting with AI. In just two months after launch, Bolt reached $20 million in annual recurring revenue.
Eric first made headlines in 2012 as the entrepreneur who secretly lived at AOL’sheadquarters while building his first startup. Today, he leads Bolt.new and competes asan Ironman triathlete in his spare time.
Who's Behind This?
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Bolt isn’t just another AI tool, it’s transforming how people build. Users are shipping projects in hours instead of weeks or months, and anyone can bring ideas to life without writing code or hiring expensive help.