> I personally don't see how these companies can be worth much. Just as with visual web editors, they started out charging a lot but over time the price floored

> I personally don't see how these companies can be worth much. Just as with visual web editors, they started out charging a lot but over time the price floored out to zero. Now there are dozens of websites that give away their "no code" editors, with the hope that you'll pay them to host your site forever. I agree. It seems like almost every day a new no-code platform crops up. Eventually, competition should bring prices down and hurt margins, right? What's the economic moat here? For example, do you want to build a website or app from a spreadsheet? There's plenty of options and they all look very similar. I am more bullish on the no-code solutions that target a niche/vertical, like forms (typeform) or member sites (memberstack) because you can offer complementary services (like Shopify does for shopping) and the niche is understood well enough that you can get close to covering 100% of use cases. I would guess that a horizontal no-code company would have a harder time maintaining a competitive advantage.