Additional Coverage:
- Loom’s founder reveals painful insecurities after selling a startup for $1 billion. — ‘I am rich and I have no idea what to do with my life.’ (newsbreak.com)
Vinay Hiremath, co-founder of Loom, is at a crossroads. After abandoning plans to work with Elon Musk and selling his company for $975 million, he’s now grappling with questions about his future.
Hiremath initially turned down a $60 million payout to pursue other ventures. He considered meeting with investors and robotics experts but found it unfulfilling. He realized he was merely trying to emulate Elon Musk, something he later regretted.
After a failed relationship and a near-death experience in the Himalayas, Hiremath briefly joined Elon Musk’s Department of Government Efficiency. However, he soon realized it wasn’t the right fit and quit.
Now, Hiremath is embarking on a new chapter, studying physics in Hawaii with plans to start a company that makes tangible products. He’s embracing humility and authenticity in his pursuits.