Loom

How it happened

Loom built a popular asynchronous video-messaging tool that lets workers record and share quick screen-and-camera clips instead of meetings. Pandemic-era demand for remote collaboration drove a $130M Series C in May 2021 led by Andreessen Horowitz and ICONIQ Growth, valuing it at about $1.53B. As growth-stage valuations reset, Atlassian agreed to acquire Loom in October 2023 for roughly $975M — its largest deal ever, but about a 36% discount to Loom's last private valuation. Glassdoor reviews from the 2022-23 downturn tracked the strain behind it: employees described repeated layoff rounds, near-total turnover of an inexperienced management team, and constant strategy churn — though some said morale lifted once the Atlassian deal was announced.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.