Traction cover image

Traction

Loom’s Growth Journey From Nearly Broke to 14 Million Users & $1.5 Billion Valuation with Vinay Hiremath

Apr 5, 2023
08:08:15

Loom’s Co-Founder and CTO, Vinay Hiremath, joins us to share learnings from the highs and lows of his startup’s hypergrowth journey, going from maxing out his credit cards and being inches away from closing the company’s doors to having over 14 million users and a $1.5 billion valuation.



Specifically, Vinay covers:



– Coming up with the idea and finding co-founders.


– Managing the chaos of pivots to product-market fit and escape velocity.


– Tactics for driving customer acquisition and growth – how Loom got to 14 million users.


– Whom to hire and how to build a team from the early stages through hypergrowth and scale.


– Lessons from raising money from top investors like Sequoia, Andreessen Horowitz and Kleiner Perkins.


– Highs and lows of entrepreneurship and top things to do to prepare for peak mental performance.



Learn more at https://tractionconf.io



Learn more about Loom at https://www.loom.com/



This episode is brought to you by:



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Launch Academy is one of the top global tech hubs for international entrepreneurs and a designated organization for Canada's Startup Visa. Since 2012, Launch has worked with more than 6,000 entrepreneurs from over 100 countries, of which 300 have grown their startups to seed and Series A stage and raised over $2 billion in funding. To learn more about Launch's programs or the Canadian Startup Visa, visit https://LaunchAcademy.ca



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#product #innovation #fundraising #startup #growth


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