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Loom co-founder Vinay Hiremath’s revelations after $975 million sale: ‘I am rich… have no idea what to do with my life’

  • Vinay Hiremath, the Indian-origin co-founder of Loom, sold his company to Atlassian for $975 million in 2023, which led him to question his purpose in life.
  • In a blog post, Hiremath described his breakup and insecurities, stating, "It hurts to even type this out" and reflected on his struggle for direction after the sale.
  • Now 33, Hiremath is studying physics in Hawaii and aims to start a new company, acknowledging that it doesn't need to match Loom's success.
  • He declined a $60 million offer to stay with Atlassian and shared his journey of self-discovery and uncertainty in his blog.
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Moneycontrol broke the news in India on Sunday, January 5, 2025.
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