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

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

FromIndie Bites


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

FromIndie Bites

ratings:
Length:
14 minutes
Released:
Dec 27, 2023
Format:
Podcast episode

Description

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
Favourite indie hacker is Josh Pigford

Best book for indie hackers; Traction

Favourite podcast; How I Built This

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Released:
Dec 27, 2023
Format:
Podcast episode

Titles in the series (100)

Short, bite-sized conversations with indie hackers that have started small, profitable and bootstrapped businesses. You'll learn how they come up with ideas, what they do to validate, find those first customers and make a sustainable income.