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

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Manage episode 391862353 series 2803681
Content provided by James McKinven. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by James McKinven or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today I'm revisiting one of my favourite episodes, from 2020, with Sabba Keynejad, co-founder and CEO of VEED.io, an online video editing platform. When I interviewed Sabba, VEED were at around $2m ARR, fully bootstrapped. Since this interview, they’ve gone on to bootstrap to about $7m ARR before raising a whopping $35m series A from Sequoia. And when I first met Sabba, years before this interview, VEED was just a small product that wasn't generating any revenue. This episode is special to me because I’ve followed VEED’s journey from the start and it’s been inspiring to see.

Timestamps

  • 00:00 Intro
  • 02:46 VEED origins
  • 03:24 Differentiation
  • 03:58 Picking a market
  • 04:48 Hiring and learning new skills
  • 06:16 Inflection points in growth
  • 07:07 Quitting your job
  • 07:45 Why you should find a cofounder
  • 08:41 Getting the first users
  • 09:47 Free vs paid
  • 11:16 Growth tactics
  • 12:04 Advice to other founders
  • 13:01 Recommendations

Recommendations

My links

Sponsor - EmailOctopus 🐙

EmailOctopus is an independently owned email marketing platform, built to support other small growing businesses. With a focus on affordability and ease of use, EmailOctopus contains all of the features you need to reach and grow your audience. You can start today, with their industry leading free plan where you can contact up to 2,500 subscribers without paying a penny.

  continue reading

119 episodes

Artwork
iconShare
 
Manage episode 391862353 series 2803681
Content provided by James McKinven. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by James McKinven or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today I'm revisiting one of my favourite episodes, from 2020, with Sabba Keynejad, co-founder and CEO of VEED.io, an online video editing platform. When I interviewed Sabba, VEED were at around $2m ARR, fully bootstrapped. Since this interview, they’ve gone on to bootstrap to about $7m ARR before raising a whopping $35m series A from Sequoia. And when I first met Sabba, years before this interview, VEED was just a small product that wasn't generating any revenue. This episode is special to me because I’ve followed VEED’s journey from the start and it’s been inspiring to see.

Timestamps

  • 00:00 Intro
  • 02:46 VEED origins
  • 03:24 Differentiation
  • 03:58 Picking a market
  • 04:48 Hiring and learning new skills
  • 06:16 Inflection points in growth
  • 07:07 Quitting your job
  • 07:45 Why you should find a cofounder
  • 08:41 Getting the first users
  • 09:47 Free vs paid
  • 11:16 Growth tactics
  • 12:04 Advice to other founders
  • 13:01 Recommendations

Recommendations

My links

Sponsor - EmailOctopus 🐙

EmailOctopus is an independently owned email marketing platform, built to support other small growing businesses. With a focus on affordability and ease of use, EmailOctopus contains all of the features you need to reach and grow your audience. You can start today, with their industry leading free plan where you can contact up to 2,500 subscribers without paying a penny.

  continue reading

119 episodes

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