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

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. Timestamps00:00 Intro02:46 VEED origins03:24 Differentiation03:58 Picking a market04:48 Hiring and learning new skills06:16 Inflection points in growth07:07 Quitting your job07:45 Why you should find a cofounder08:41 Getting the first users09:47 Free vs paid11:16 Growth tactics12:04 Advice to other founders13:01 RecommendationsRecommendationsFavourite indie hacker is Josh PigfordBest book for indie hackers; TractionFavourite podcast; How I Built ThisMy linksTwitterIndie Bites TwitterIndie Bites YouTubeJoin the membershipPersonal Website2 Hour Podcast CoursePodPanda (hire me to edit your podcast)This Indie Life PodcastSponsor - 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.