Vinay Hiremath (LoomAI) - The Uncertainty After Success [Explicit]

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Journey, Startups, Education, Stanford, Culture, Strategy, Stanford University, Entrepreneurship, Business, Life Lessons, Thought Leadership, Creativity, Etl, Challenges, Leadership, Innovation, Founders

4.4 • 739 Ratings

🗓️ 28 May 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Vinay Hiremath shares his entrepreneurial journey as the co-founder of LoomAI, a video messaging platform that grew to 30 million users and was acquired by Atlassian for nearly $1 billion. Vinay chronicles his entrepreneurial journey and its many pivots and adaptations – as well as his post-acquisition period of profound questioning and self-discovery.

This talk includes references to mental health challenges and substance use. The 988 Suicide and Crisis Lifeline (also at 988lifeline.org) is a hotline for individuals in crisis or for those looking to help someone else. The Crisis Text Line is a texting service for emotional crisis support, text SAVE to 741741. It is free, available 24/7, and confidential.

(EDS NOTE: THIS EPISODE INCLUDES EXPLICIT LANGUAGE.)

Transcript

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0:00.0	So welcome everybody to the Entrepreneurial Thought Leader Seminar at Stanford University.
0:19.0	Or ETL.
0:22.6	ETL, as you all know, is the seminar for aspiring Stanford entrepreneurs and is brought to you
0:27.6	by basis, the Business Association of Stanford Entrepreneurial Students and STVP, the Stanford Engineering
0:34.6	Entrepreneurship Center.
0:35.6	I am Ravi Balani, a lecturer in the Management Science
0:38.3	and Engineering Department, and the Director
0:40.3	of Alchemist and Accelerator for Enterprise Startups.
0:43.3	Today, we are thrilled to have Veney Hiramath here at E.T.L.
0:47.3	How many people know of Veney before today?
0:50.3	How many people have read any of Vennay's posts?
0:53.3	Okay, terrific. Oh, that's terrible.
0:55.0	I'm sorry.
0:57.0	So, for those of you who don't know Veney, you might know the company that he built.
1:01.0	Veney is the co-founder and former CTO of Lume.
1:05.0	How many people know of Lume or have used Lume?
1:07.0	Okay, so if you've used Lume, you've touched Veney in some way. So, loom is, as you
1:13.0	guys know, is the asynchronous video messaging company that serves now over 30 million users and
1:18.3	200,000 businesses. We are going to do a fireside chat today, but there is so much to Vene's
1:25.7	story that if you don't mind, I'm going to give a little bit more of a detailed introduction to try to get everybody up to speed so that we can have a richer conversation in the fireside chat.
1:36.3	Venei grew up in Illinois, in rural Illinois, in a South Indian family. He went to university at the University of Illinois at Urbana-Champaign, and he went
1:47.6	studying material science, but he really wanted to take computer science classes.
	...

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