The built-in viral loop
“If you send someone a Loom video, they'll watch it, they're curious, and they'll sign up.”
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How Loom Reached 1.1M Users and 200K MAU Before Launching a $10 PaywallLoom co-founder Shahed Khan explains how viral product loops grew Loom to 1.1M registered users with no paid marketing before it launched Loom Pro, its first paid plan.
Shahed Khan · Loom
Published February 2, 2024Explore the lesson. Sign in to access the resource library.
Loom co-founder Shahed Khan explains how Loom grew to 1,100,000 registered users across about 21,000 companies and around 200,000 monthly active users with no paid marketing, relying on viral product loops and word of mouth. He walks through launching Loom Pro, the first paid plan at $10 per user per month, after raising just under $14,000,000 in total.
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“If you send someone a Loom video, they'll watch it, they're curious, and they'll sign up.”
“We actually had a growth engineer at one point whose job was solely to launch an experiment once a week.”
“we see that consumer behavior tends to lead the path of enterprise by around two years.”
“we're expecting anywhere from three to 4% of the existing user base of active users converting over”
“going from initial meetings to term sheet took about two weeks.”
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