How Loom Turned a Utility Into a $975M Communication Standard
And why Atlassian’s acquisition made perfect sense
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Hey folks —
It’s 2025, and async work is somehow both the norm and still misunderstood.
We’ve replaced meetings with recordings, but no one’s figured out how to watch them.
That’s what today’s story is about.
In 2016, screen recording was utility software.
You used it to:
Show off a product feature
Record an internal how-to
File a bug report for engineering
Maybe explain a complex thing to avoid a meeting
But no one thought it was how teams should actually communicate.
Loom flipped that.
Instead of pitching itself as a tool for marketers or creators, it framed async video as a faster, cleaner way to work.
Not for content—for context.
Suddenly, a 2-minute Loom replaced a 30-minute meeting.
And just like that, screen recording became… communication.
From side tool to default behavior inside companies. Here’s how Loom grew into a $975M business.
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1. Loom worked because it solved a problem people didn’t know they had
You could already share your screen.
You could already record video.
You could already send messages.
But each of those came with friction—manual uploads, clunky file sizes, no context, bad UX.
Loom solved all of that in one shot. It became the fastest way to communicate something you would’ve said out loud—but didn’t want to schedule a meeting for.
That shift in behavior was subtle, but sticky:
It made async video feel like part of your job
It created a sense of urgency (“just Loom me”)
It built a muscle inside orgs (“I’ll record a quick Loom”)
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