Who’s Vinay Hiremath, Indian-origin co-founder who offered startup for $975 million?
Vinay Hiremath, the India-origin co-founder of Loom, offered his startup for $975 million to an Australian software program firm in 2023. In a weblog publish, he has written that he has “no concept” what to do together with his life.
“I’m wealthy and do not know what to do with my life,” the title of his weblog publish learn.
“Life has been a haze this final 12 months. After promoting my firm, I discover myself within the completely un-relatable place of by no means having to work once more. Every thing looks like a aspect quest, however not in an inspiring manner. I don’t have the identical base needs driving me to earn money or acquire standing. I’ve infinite freedom, but I don’t know what to do with it, and, truthfully, I’m not probably the most optimistic about life,” Hiremath wrote in a protracted publish.
Who’s Vinay Hiremath?
Hiremath’s journey began on the College of Illinois the place he dropped out two years into school. Following this, he had a brief stint at Fb as a software program engineering intern for 4 months.
Vinay Hiremath’s first huge break as an engineer got here in August 2012 when he joined a startup known as Backplane. That is the place Hiremath says he discovered easy methods to “hack”. That is additionally the place he met Shahed Khan, with whom he went on to develop Loom, a video messaging firm, reported Forbes.
After spending a bit over a 12 months there, in September 2013, Vinay Hiremath joined one other startup known as Upthere, the place he enhanced his technical expertise and data earlier than lastly co-founding Loom with Shahed Khan and Joe Thomas in 2015. He was the top of engineering at his startup for over 4 years earlier than getting promoted to chief expertise officer in April 2020.
What’s Loom?
Loom is a video-messaging platform that describes itself as “the simplest display recorder you’ll ever see” but additionally “a lot greater than a display recorder”. It has over 25 million customers throughout 400,000 firms worldwide. Loom permits customers to document and share AI-powered movies with their teammates and clients.
In 2023, Loom was acquired by Australian software program firm Atlassian for $975 million.
What extra for Vinay Hiremath?
Aside from being a profitable engineer and entrepreneur, Vinay Hiremath describes himself as an investor who’s prepared to supply assist to founders he “vibes” with “free of charge and for no allocation”.
In keeping with the about part of his weblog vinay.sh, he’s a “huge fan of capitalism”. He’s additionally into chilly plunge, sauna remedy and meditation. He additionally likes to “experience bikes, field, raise weights, journey, throw events, and meet individuals from all walks of life.”
