Earlier today, we at Loom announced the close of a $130 million Series C financing led by @a16z! With participation from @ICONIQGrowth, alongside our existing investors – @kleinerperkins, @sequoia, Coatue, and @gcvp.
Naturally have a loom for ya'll :)
As CEO who does a hybrid letter (@NotionHQ) + video (@loom) ~ every other week, aligning and inspiring at scale with rich, thoughtful, expressive content is the future.
Takes ~2hrs on Sunday evenings. Best use of my time. The real pros will make it informative AND entertaining.
If senior executives aren't doing an internal podcast or something with a similar form-factor but video, you sort of have to wonder what would be the marginal thing worth pushing that 30 minutes every week / two weeks off the schedule.
We went to @vhmth's apartment and watch all the Sequoia looms together. Reed told me to save @dougleone's for last. Had no idea what we were about to click play on.
LEGENDARY LOOM
1/4 Today we announced that @loom is being acquired by @Atlassian for $975M cash. And now, importantly, I can finally share this video.
Before we did the Series B in 2019, all @sequoia partners sent "sales" Looms to the founders.
Doug Leone's instantly became part of Loom lore
At @loom, we’ve believed video needed to be fast, intuitive, and 𝗽𝘂𝗿𝗽𝗼𝘀𝗲 𝗯𝘂𝗶𝗹𝘁 𝗳𝗼𝗿 𝘄𝗼𝗿𝗸. Today, our principles now include automatic and magical.
We're launching Loom AI, transcripts & CC in 50+ languages, Google Workspace integration, and new desktop app.
Who’s the most talented designer(s) you know who may be open to a convo with me about working on @loom's next major innovative product? I've *never* been this excited about our roadmap 💫🧑🚀
Reply on thread and/or DMs open.
Cracked The Cloud 100 list @loom. Huge thank you to those who leverage async video as a critical skill of modern work, and Loommates for their relentless passion/execution.
Rank = competition. Friends with folks on list, but Loom is coming for ya'll :)
forbes.com/cloud100/#599d…
Hitting another founder right of passage. Hiring a Chief of Staff as my right hand:
🔮 100% access to everything the CEO does
🏗️ work closely to manage the most critical strategic initiatives
🚀 video at work, and @loom, is just getting started
Yesterday I wired 99.7% of my money to my parents so they can retire early. They dedicated their lives to ensure my sister and I had a much better upbringing than themselves. I don't fucking care what people say.
🇺🇸
Go America.
Go capitalism.
Go free markets.
Go hard work.
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After listening to many episodes and feeling like I knew him, I finally had the pleasure of meeting @HarryStebbings for his 20:VC podcast. Gem of a human.
Clip below:
📢 We're thrilled to share, Jude Flannery, is joining @useloom as VP of Engineering. As Sr Dir of Eng for GSuite Editors & Infra, he spent the better part of a decade crafting some of the most magical software experiences in GDocs, GSheets, and GSlides.