Joe Thomas

7 statements across 2 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Feb 23, 2022 by Joe Thomas · across every show →

On the record as a speaker too: Joe Thomas's record, appearances and statements → this page counts the times other people say the name.

Everything said about Joe Thomas, oldest first

Feb 23, 2022 positive
Assertion Not checkable as stated
Joe Thomas: Async Video Submissions Boosted Loom's Interview Pass Rate 50%
“And what this leads to is a 50% higher pass-through rate versus when we've done live take-home presentations during our super day process, and the reason being is that we take some of the interview process and we make it async, is that we review that take-home…”
Joe Thomas Feb 23, 2022 ▶ 20:42 4 Ways to Get to $10 Billion by Working Async (Without Burning Out) with Loom CEO Joe Thomas
Feb 23, 2022 positive
Assertion Not checkable as stated
Joe Thomas: Loom Attains a 72% Job Offer Acceptance Rate
“So our acceptance rate is 72%, which is 11% above industry standard in a really tough market.”
Joe Thomas Feb 23, 2022 ▶ 22:20 4 Ways to Get to $10 Billion by Working Async (Without Burning Out) with Loom CEO Joe Thomas
Jun 23, 2023
Assertion Not checkable as stated
Thomas: Loom raised its Series A with zero revenue despite 80% rejection
“So we went to go raise our Series A as a B to B SaaS company, and it's not like we were below the revenue standards that you typically hit. We had no revenue at that point. And the Series A fundraise actually took a long time. It took about four months, five m…”
Joe Thomas Jun 23, 2023 ▶ 29:19 From 2 Weeks of Runway to $1B Acquisition: The Founder Playbook with Loom's CEO and Co-Founder
Jun 23, 2023
Insight
Thomas: Early-stage founders must commit to a single product distribution channel
“Now you end up adding on channels over the course of time, but when you are an early stage founder and CEO, you truly only have time for one, right? And there should be one that's as directly aligned with your company as possible, and just go after that one as…”
Joe Thomas Jun 23, 2023 ▶ 15:17 From 2 Weeks of Runway to $1B Acquisition: The Founder Playbook with Loom's CEO and Co-Founder
Jun 23, 2023
Assertion Not checkable as stated
Thomas: Loom faced a 98% investor rejection rate across 100 pitches
“We had done about a hundred investor pitches, and again, only had gotten 25 K from two people, so that's a two percent hit rate. 98% were just straight-up no's, including from friends and family”
Joe Thomas Jun 23, 2023 ▶ 17:45 From 2 Weeks of Runway to $1B Acquisition: The Founder Playbook with Loom's CEO and Co-Founder
Jun 23, 2023
Assertion Not checkable as stated
Thomas: Loom survived on $25,000 and mere weeks of remaining runway
“We were truly a few weeks away, not just in terms of the 25,000 dollars that we had raised in angel money, but all of our personal savings as well.”
Joe Thomas Jun 23, 2023 ▶ 0:38 From 2 Weeks of Runway to $1B Acquisition: The Founder Playbook with Loom's CEO and Co-Founder
Jun 23, 2023 negative
Assertion Not checkable as stated
Thomas: Consumer asynchronous video apps failed due to decoding inefficiency
“There's been plenty of consumer products out there over the course of time that allow for async video conversations. It's like, you record, then somebody records next, and the next person records, and None of those have reached mass adoption, and I think it's …”
Joe Thomas Jun 23, 2023 ▶ 41:45 From 2 Weeks of Runway to $1B Acquisition: The Founder Playbook with Loom's CEO and Co-Founder
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