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Joe
1,981 posts
Joe
@yoyo_thomas
- 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 โ @kleinerperkins, @sequoia, Coatue, and @gcvp. Naturally have a loom for ya'll :)
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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 LOOM1/4 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
00:00 - At @loom, weโve believed video needed to be fast, intuitive, and ๐ฝ๐๐ฟ๐ฝ๐ผ๐๐ฒ ๐ฏ๐๐ถ๐น๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐ฟ๐ธ. 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.
00:00 - Whoโs 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 ๐ซ๐งโ๐ Reply on thread and/or DMs open.
- In person Exec Offsite @loom for first time in 18 months. Feels so good to challenge each other, break bread, and laugh together.
- 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/#599dโฆ
- Replying to @andrew__reedReed was very helpful in this situation. โLet the record show we all look like shitโ - exact quote which will be reflected in the board minutes.
- Hitting another founder right of passage. Hiring a Chief of Staff as my right hand: ๐ฎ 100% access to everything the CEO does ๐๏ธ work closely to manage the most critical strategic initiatives ๐ video at work, and @loom, is just getting started
- What do you look for in a co-founder? Character traits that would lead to this act someday ๐Yesterday 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. ๐บ๐ธ Go America. Go capitalism. Go free markets. Go hard work. ๐บ๐ธ
- 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:
00:00 - ๐ข 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.
