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Chirag
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Elev8 & Pickle8 • 3m
When Figma-to-Code Dreams Fade What happens when you chase every shiny pivot in the AI gold rush? CodeParrot, once hailed as a Figma-to-code game changer, raised 500 Cr, joined YC Winter 23, promised “minutes, not days” of UI generation. Two years later, it shut down. Why? • Pivot chaos confused users and drained focus • Tough rivals like Vercel V0, Figma Make, and Lovable integrated deeply into existing platforms • Broken promises, output still needed heavy refactoring, killing its time-saving pitch • No follow-on funding after Demo Day, with just $500 K to survive This is a harsh reminder: in AI, hype is easy, distribution is hard, and integration is everything. As founders, do we chase too many pivots, or stick to one painful, focused problem? Because in this race, speed is nothing if you are running in circles. What do you think, was this failure inevitable, or could they have survived by focusing deeper?
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