Indie Bites
How VEED bootstrapped to $7m ARR - Sabba Keynejad, VEED.io (2020)
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.
14:23
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Quick takeaways
- VDIO achieved rapid growth, going from no revenue to $2 million ARR and eventually raising $35 million from Sequoia Capital.
- Saba emphasizes the importance of key milestones, such as obtaining the first paid user and achieving profitability, as well as the challenges of managing a growing team and providing excellent customer service in the face of intense growth.
Deep dives
The Journey of VDIO's Success
Saba Kenajard, co-founder and CEO of VDIO, discusses the rapid growth and success of the online video editing platform. Starting with no revenue, VDIO eventually reached $2 million ARR and later raised $35 million from Sequoia Capital. Saba emphasizes the importance of key milestones, such as obtaining the first paid user and achieving profitability. He also reflects on the challenges of managing a growing team and providing excellent customer service in the face of intense growth.
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