Hairflick, That was four years ago before they got funded by venture capital.
From a bootstrapped start-up to, in 2022, securing $35m (£27.8m) in funding from Sequoia, the Silicon Valley-based VC, Veed last year doubled its annual recurring revenue to over £19m and now has more than 10 million users and over 170 staff.
They've done well, but their architecture is creeking, causing slowing response times and sluggish upload/export.
This is what elevate.io is all about...unlimited scaling.
mcsean2164, You're just going to have to wait for March '25. |
 Mcsean, let me put your mind at ease. I sent my newly developed AI tool into the depths of real users, getting it to scour various sources, including Capterra, TrustRadius, Reddit, and tech blogs. It appears Veed has its uses and has done well with a very basic video market. However, it does not appear to challenge our own segmented market of Prosumers. Here is what I got back.1. Performance Issues: * Lag and Sluggishness: This is a recurring complaint. Users frequently report slow loading times, lagging during playback, and general sluggishness, especially when working with longer or higher-resolution videos. This can significantly hamper the editing workflow and make precise editing difficult. * Crashes and Freezing: "Veed crashed on me and I lost all my work" is a phrase that appears too often in reviews. While autosave exists, it's not always reliable, leading to frustration and lost productivity. * Exporting Problems: Some users have reported issues with exporting videos, including slow export times, errors during export, and occasional discrepancies between the edited video and the final exported file.2. Feature Limitations: * Advanced Editing: Veed is intentionally designed for simplicity, but this comes at the cost of advanced features. Serious video editors will miss things like detailed keyframing, motion tracking, advanced color grading, and robust audio mixing. * Limited Customization: While templates are helpful, some users find the customization options restrictive. More flexibility in design elements, transitions, and effects would be welcomed by some. * Mobile App Functionality: The mobile app, while convenient, is significantly less powerful than the web version. Many features are missing, and the interface can be clunky on smaller screens.3. User Experience Frustrations: * Confusing Interface: While generally user-friendly, some aspects of the interface can be confusing or unintuitive, especially for new users. Finding specific features or settings can sometimes be a scavenger hunt. * Limited Undo/Redo: The undo/redo functionality is limited, and some users have accidentally lost progress due to not being able to undo certain actions. * Lack of Keyboard Shortcuts: Keyboard shortcuts are limited, forcing reliance on mouse clicks, which can slow down the editing process for those used to keyboard-driven workflows.4. Pricing and Plans: * Free Plan Limitations: While the free plan is generous for basic use, the limitations (like watermark and limited export quality) can be frustrating for those who need more. * Price Jumps: Some users find the jump in price between the free plan and the paid plans quite steep, making it less accessible for casual users or those on a tight budget. * Feature Restrictions: Certain features, like removing the Veed watermark or accessing higher quality exports, are locked behind higher-priced plans, which can feel restrictive.5. Customer Support: * Slow Response Times: This is a common complaint. Users have reported waiting days for responses to support tickets or emails. * Limited Support Channels: Support is primarily through email or online forms, with no live chat or phone support readily available. This can be frustrating for those needing immediate assistance.In Conclusion:While Veed.io has a lot to offer, it's important to be aware of these potential drawbacks. Performance issues can be a major roadblock for some, and the lack of advanced features might be a dealbreaker for prosumers or professionals. If you're considering Veed, be sure to weigh these negatives against its ease of use and affordability to see if it's the right fit for your needs. |
A friend is doing the certified director course here in Ireland.
I expect you have to offer something to the company, successful career, doorway into something, etc. I expect several corporations would want her on their board.
For example, Honeycutt was with Google and having his name attached to Blackbird could be seen as cool. If you have done your director exams and offer something a company would want, then €20k per annum is yours for sweet FA.
It's a bit like Linda Evangelista saying she wouldn't get out of bed for less than €10k. Are you a super model? Are you a heavyweight? Are you in demand? If so, go for it.
You could always do yourself a favour, cut your losses, sell your shares and invest them in another company which better matched your investment profile.
I feel like McBeth, "I am in blood / Stepped in so far, that, should I wade no more, / Returning were as tedious as go o'er" |
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