Indie Bites

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


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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

My links

  • Twitter
  • Indie Bites Twitter
  • Indie Bites YouTube
  • Join the membership
  • Personal Website
  • 2 Hour Podcast Course
  • PodPanda (hire me to edit your podcast)
  • This Indie Life Podcast

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Indie BitesBy James McKinven

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