However, she felt that they weren’t going to compete with original content in Netflix as it would require them to spend $17 billion on it. In a conversation with Nilay Patel of The Verge, she revealed how the company was heavily curating content for its platform as well as investing in their own content too. This was also a time when the company was busy competing with YouTube and Netflix - both tech giants who were at their peak (and probably still are) - and provide a higher quality alternative. Joining Vimeo in 2014Īnjali joined Vimeo in 2014 when the company was around 12 years old. She completed her B.Sc in Finance and Management from Wharton School of the University of Pennsylvania in 2005, followed by an MBA from Harvard Business School in 2011.ĭuring the years 20 she worked in roles of finance, media and e-commerce at Sagent Advisors, Amazon and Time Warner, before shifting to Vimeo in 2014. In the year 1997, she left Flint to study at the Phillips Andover Academy in Andover, Massachusetts. Helping small businesses enter the digital age with no technical knowledgeĪnjali Sud was born in an Indian-immigrant family residing in Detroit, Michigan in 1983.#VMEO /vzPciuDzSA- Anjali Sud May 25, 2021Īlso Read: Whitney Wolfe Herd Is Youngest Self-Made CEO Billionaire To Take Her Company Public To everyone who made today possible: Thank you □ We put creators first, and put that power in the hands of millions. It has been a 16-year labor of love, rooted in our belief in the power of video. Meet Anjali Sud, CEO of Vimeo, who made all this happen, who rescued Vimeo from disaster to getting it listed on NASDAQ yesterday. However, one woman helped in changing the company’s performance to an extent that Vimeo has gone public. And over the years Vimeo suffered severe losses, making it difficult for the company to survive, losing ground to YouTube, Netflix and others. On Instagram, where she is active, Ms Sud describes herself as "Vimeo CEO" and "Saavi's mom" - referring to her son Saavan who makes frequent appearances on her social media.Today when you hear about Vimeo, some of you guys remember it as a YouTube competitor whereas most of you might not even know what it is.įor people who do know and have ever used Vimeo's video service, you’ll know that it wasn’t really a good alternative. She received her MBA from Harvard in 2011 and took over as the CEO of Vimeo in 2017. She graduated from the Wharton School of the University of Pennsylvania in 2005, with a B.Sc. We want more female led businesses! ?- Vasundhara Tankha May 26, 2021Īnjali Sud was born in Detroit to Indian parents who had immigrated to the United States. NZjkf0aHEZ- Shardul May 25, 2021Īccording to Twitter user Vasundhara Tankha, before Ms Sud, Jayshree Ullal had taken Artist Networks public in 2014.įYI someone just informed me that actually - Jayshree Ullal (an immigrant) took Artist Networks public in 2014. Vimeo is led by Anjali Sud ( ), an Indian American woman in the CEO seat of a company valued at over $10 Billion dollars. This isn't getting the attention it deserves, so here we go. Many hailed it as an "incredible achievement" for an Indian-origin woman to take on an American tech company. There's a lot of things to love about Vimeo but Anjali Sud is #1 of them. Meet Anjali Sud, CEO Vimeo, who transformed Vimeo into a billion-dollar company.Ĭongratulations on the Nasdaq listing #VMEO /cJbdhcu310- Nigel D'Souza May 26, 2021 This success story they attributed to Ms Sud's decision to stop competing with YouTube, Netflix and other video streaming platforms. According to an April 2021 report in The Verge, Vimeo had over 1.5 million paying customers generating $83.8 million in revenue in Q4 alone. On Twitter, congratulatory messages flooded in for the 37-year-old CEO who has, in the past too, earned praise for reinventing Vimeo and keeping it relevant in the fast-changing landscape of social media. "As we march forward, our opportunity is limitless." CEO opens the markets at this morning in celebration of today's $VMEO listing. A video of the speech was tweeted by Nasdaq.
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