Vinay Hiremath who sold Loom for $975 million says life has been ‘a haze’
Rich but have no idea what to do, says the co-founder of the video-communication company in a blog post
Hyderabad: Vinay Hiremath made millions after selling his startup Loom to Australia-based Atlassian in October, 2023. More than a year now, the 33-year-old says life has been ‘a haze’.
“Rich but have no idea what to do”, says the co-founder of Loom, a video-communication company in a blog post who pocketed a handsome $975 million from the sale. This post has taken the internet by storm with around 5,40,000 views.
“As the company continued to skyrocket to new heights, I started to have growing expectations for myself, and others started to have growing expectations of me. When we went through our first round of layoffs, this company my ego was hitched to had suffered a massive blow, so I lost myself. This whole chapter of Loom has created a complex web of internalized insecurities I must now work hard to disentangle and free myself from,” he says.
The co-founder also shared how, despite being offered a lucrative $60 million pay package as the CTO at Atlassian, he struggled with the decision. In 2018, he was named in the ‘30 under 30 enterprise technology’ list.
I am rich and have no idea what to do with my life.
Where I talk about leaving Loom, giving up $60m, larping as Elon, breaking up with my girlfriend, insecurities, a brief stint at DOGE, and how I’m now in Hawaii self-studying physics.https://t.co/cMgAsXq3St
— Vinay Hiremath (@vhmth) January 2, 2025
Soon after selling his company, he tried his hands on robots or machines with hands and legs on but within no time realised this pursuit was more about emulating Elon Musk than genuine passion. “At the end of the 2 weeks, I left feeling deflated and foolish. I didn’t want to start a robotics company,” he writes.
He also worked for Vivek Ramaswamy’s Department of Government Efficiency for a month.
Vinay says for the past one year he has tried many ways to find the true purpose of his life, but in vain. “Now everything feels like a side quest for him, but not in an inspiring way.”
Breakup with girlfriend
In the viral blog post, he also mentioned the breakup he had with his girlfriend of two years due to “insecurities”, he decided to externalise his emotions “by climbing a 6800m peak in the Himalayas”.
Now studying physics in Hawaii, he says “I’m learning to just accept that I am happy learning physics. That’s the goal in and of itself. If it leads to nothing, that’s ok. If this means I’ll never do something as spectacular as Loom, so be it.”
