Vinay Hiremath Reflects on Life After $975 Million Loom Sale

The Indian-origin entrepreneur shares his struggles with purpose and fulfillment following the acquisition of his startup by Atlassian in 2023.

Vinay Hiremath, co-founder of Loom, sold the video-sharing platform to Atlassian for $975 million in 2023, a milestone that left him grappling with a sense of purpose.
In a candid blog post, Hiremath detailed challenges post-sale, including declining a $60 million role, ending a relationship, and pursuing ventures that failed to inspire him.
Hiremath attempted projects in robotics and government reform but concluded they were not aligned with his true passions or values.
He has since relocated to Hawaii to study physics, aiming to build a new company focused on creating tangible, real-world products.
Acknowledging that his next venture need not replicate Loom's success, Hiremath hopes to find fulfillment and meaning in his work moving forward.