Hi Teodor, I absolutely agree, that's generally the case. However, there are quite a few examples where people have built multi-million dollar companies with no-code. It really depends on what you are building. For example, if you are building a curated directory of some type of information that people pay to access, then any no-code tool would do the job for a very long time. More important, in my opinion, is no-code tools' pricing models. A lot of them become very expensive as you scale and have more users, as the majority were originally aimed at building internal tools. However, if you are building such a directory, Wordpress can take you all the way, and it's still technically no-code.
On the other hand, if you are building a resource-/storage-heavy SaaS product, then no-code would most probably only get you to an MVP.
And that's my point. It's better to have an MVP in 3 weeks, prove product-market-fit, raise a large funding round, hire a team, and build from the ground up. Otherwise, you may end up spending a lot of money and time to get to an MVP for something that may very well fail (also, most MVPs end up being re-written from the ground up anyways).
For MVP yes, but then you need to rebuild it if it becomes a large product, otherwise you'd be left with a clunky product or you'll hit a wall.
Hi Teodor, I absolutely agree, that's generally the case. However, there are quite a few examples where people have built multi-million dollar companies with no-code. It really depends on what you are building. For example, if you are building a curated directory of some type of information that people pay to access, then any no-code tool would do the job for a very long time. More important, in my opinion, is no-code tools' pricing models. A lot of them become very expensive as you scale and have more users, as the majority were originally aimed at building internal tools. However, if you are building such a directory, Wordpress can take you all the way, and it's still technically no-code.
On the other hand, if you are building a resource-/storage-heavy SaaS product, then no-code would most probably only get you to an MVP.
And that's my point. It's better to have an MVP in 3 weeks, prove product-market-fit, raise a large funding round, hire a team, and build from the ground up. Otherwise, you may end up spending a lot of money and time to get to an MVP for something that may very well fail (also, most MVPs end up being re-written from the ground up anyways).