Transcript
A (0:03)
This Tech Tools miniseries is brought to you by Prezi, the presentation tool that makes your ideas easy to follow, hard to forget, and faster than ever to create. With Prezi AI, the best investment is in the tools of one's own trade. At Think Fast, Talk Smart, we're taking this quote by Benjamin Franklin, the famous US Inventor and founding father, very seriously. As you know, our show strives to share tips and techniques to help you hone and and improve your communication and careers. These practices and approaches can be augmented with tools and technology. I'm Matt Abrahams. I teach Strategic communication at Stanford Graduate School of Business. Welcome to this Tech Tools miniseries of Think Fast Talk Smart, the podcast. In this multi part miniseries, we'll introduce you to tools we use at Think Fast Talk Smart to help us be better at our spoken and written communication. And you'll learn best practices from the founders who created them. Taken together, we hope these communication tools will help you find new ways to think fast and talk smart. I'm excited to speak today with Joe Thomas, who's one of the founders and the CEO of loom, now part of Atlassian. Well Joe, welcome. Thanks for joining me.
B (1:16)
Thank you so much for having me, Matt.
A (1:18)
Some of our listeners might not know exactly what LOOM is. Can you share what your product is using the elevator pitch structure that I teach to my MBA students? What if you could so that, for example. And that's not all.
B (1:33)
Certainly. So what if you could record a quick video showing your screen, including a camera bubble where the video is instantly ready to share, to communicate complex ideas with anyone, anytime, so that you can save time, reduce misunderstandings, and build stronger connections with your team, no matter their availability or where they are in the world. For example, with loom, instead of typing out a long note to explain a project or walk through a slide deck live in a meeting, you can record a video for your team to move work forward. Over 10 million loom videos are shared per month. And that's not all. Loom utilizes AI to transcribe your video and autodraft a relevant title, summary, chapters and action items, including helping you polish the video, removing filler words and silences so you can communicate even more effectively. No video editing skills required.
A (2:27)
That was very well done in that structure and very clear. I'm curious what led you to create Loom?
B (2:33)
When we were starting out in 2015, myself and two co founders, what we observed was that video was everywhere in our personal lives from a consumer landscape perspective. But when we would show up to work, video recording and sharing was nowhere to be seen where I was working at the time, we were still using Microsoft Outlook for email. Slack was just starting to become a thing. When we looked at what the existing software and offerings provided, it was really complex to use. You would record a video, it would save a local file on your desktop, you would have to upload it to Dropbox or Google Drive. By the time you were ready to actually share a link, it had already been 20, 25 minutes. And we felt like there was a ton of latent potential within this space to bring video recording and sharing to the workplace based off of the fact that consumer behavior tends to leave the enterprise. Now, to be clear, we had a core thesis of bringing video to the workplace. But from November 2015, when we started building, to June of 2016, so nine months, we had a couple major pivots about how we would apply it and bring it to the workplace. But ultimately what we built and what we've been building against now for nine years is how do we enable more people to use Async video as part of their core communication?
