Indie Bites

How VEED bootstrapped to $7m ARR - Sabba Keynejad, VEED.io (2020)

6 snips
Dec 27, 2023
Sabba Keynejad, co-founder and CEO of VEED.io, talks about the challenges and successes of managing customer service, scaling a team, and meeting user demands. They discuss the origins and unique features of VEED, decision-making in the early stages, and the importance of having co-founders. Additionally, they explore marketing strategies, growth tactics, and provide valuable advice for founders.
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ANECDOTE

VEED's Rapid Growth

  • VEED grew from a small product without revenue to $1.7M ARR in a short time.
  • James McInven highlights this rapid growth, expressing surprise at the quick progression.
ANECDOTE

VEED's Origin

  • Sabba Keynejad, VEED's CEO, found existing video editing tools inadequate for his content creation needs.
  • This frustration led him to create VEED, a simpler online video editing platform.
INSIGHT

VEED's Differentiation

  • While other online video editing tools exist, VEED's differentiation lies in its simplicity and focus on specific use cases.
  • Keynejad emphasizes the large market size and varied needs within the video editing space.
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