500 Landing Pages, 300 Videos, 0 Funding: How VEED Hacked SEO to $40M ARR

Sabba Keynejad‘s remarkable journey from an isolated English village to founding a $40 million SaaS powerhouse stands as one of the most inspiring entrepreneurial stories of our digital age. Growing up in what he vividly describes as “the middle of nowhere, with more sheep than people,” Sabba developed an early and profound fascination with technology that would ultimately shape his professional destiny. With severely limited resources in his rural environment, he became a self-taught design expert by experimenting with pirated software versions, demonstrating the kind of resourcefulness and determination that would later become the hallmark of his entrepreneurial approach.

“I didn’t have access to the opportunities or connections that kids in major cities took for granted,” Sabba reflects with noticeable emotion. “The internet quite literally became my university, my professional network, and my window into the vast world of technology and business possibilities that existed beyond our village borders.”

VEED (Website) : https://www.veed.io/
VEED (X) : @veedstudio
Sabba Keynejad (LinkedIn) : @sabbakeynejad

Sabba Keynejad – Founder

The Corporate Wake-Up Call That Changed Everything

After dutifully completing his design degree, Sabba’s brief and ill-fated foray into the corporate world lasted exactly one painfully long week. “I walked into that sterile office environment on Monday morning and by Wednesday lunchtime I already knew with absolute certainty that the traditional career path wasn’t for me,” he confesses with a wry smile. The pivotal moment of clarity came from an unlikely source – a discarded free newspaper article about Candy Crush’s staggering revenue figures that someone had left on the train.

“That casual mention of £1 million per day in revenue completely rewired my brain,” Sabba explains, his voice still tinged with wonder. “It wasn’t just that the number was impressive – it was the realization that apps could be serious, legitimate businesses, not just trivial games people played during their bathroom breaks. That moment planted the seed that maybe, just maybe, I could create something meaningful too.”

The Formative Years: One Thousand Days of Grit and Grind

The Fateful Meeting With His Future Co-Founder

In the summer of 2016, at a particularly low point in his entrepreneurial journey, Sabba connected with Tim through an international online hackathon. Their early dynamic established the foundation for what would become an extraordinarily productive partnership:

Sabba Keynejad and Tim Mamedov
  • Complementary skill sets – Sabba brought design sensibility and product vision while Tim contributed deep technical expertise in engineering

  • Shared risk tolerance – Both possessed an almost irrational willingness to bet everything on their shared vision

  • Unshakable commitment – They developed a mutual promise to see projects through to completion, no matter the obstacles

  • Spartan mentality – An aligned willingness to live on minimal resources while pouring everything into their venture

The Lean Years (2016-2018): Startup Survival Mode

For nearly three grueling years, the duo operated in what Sabba now refers to as “startup survival mode,” a period marked by extreme frugality and relentless effort:

Living Conditions:

  • Shared a single coworking space membership (passing one physical keycard between them like a baton)

  • Lived in the cheapest possible accommodations, often in less-than-ideal shared housing situations

  • Developed an intricate knowledge of supermarket discount schedules to survive on marked-down meals after 8pm

Work Routine:

  • 5:30am wakeups without exception, even on weekends and holidays

  • 14-hour workdays broken only by quick meals and occasional gym sessions

  • Nights spent voraciously consuming online courses to fill knowledge gaps

  • Weekends dedicated entirely to customer outreach and product testing

Sold Crypto to fund

Financial Reality:

  • Combined personal savings never exceeded £20,000 at any point

  • Absolutely zero outside funding or angel investment

  • Kept monthly burn rate under an almost impossibly low £1,500

  • Regular “money runs” where they’d sell personal electronics, furniture, and other valuables for operating cash

The Birth of VEED: Solving a Universal Pain Point Through Personal Experience

VEED

The initial concept for VEED emerged organically from Sabba’s own professional frustrations with existing video editing solutions:

“As a designer working in digital media, I constantly needed to edit videos but found professional tools like Premiere Pro needlessly complex and intimidating,” he explains. “The consumer alternatives were either too simplistic or required annoying downloads and installations. I became convinced there had to be a better way – a middle ground that offered real functionality without the steep learning curve.”

Version 1.0 (2018): The Minimum Viable Product

  • Browser-based convenience – No downloads or installations required

  • Three core features carefully chosen based on most common use cases:

    1. Intuitive timeline trimming

    2. Drag-and-drop text overlays

    3. Basic but effective visual filters

  • Built entirely by Sabba and Tim working in marathon coding sessions

  • Initial hosting costs kept to an absolute minimum at just $79/month

Barely any users in 2018
  1. Office Eviction Crisis

    • Unexpectedly lost their shared workspace with just two weeks notice

    • Forced to work from public parks and library study rooms

    • Conducted customer support sessions using coffee shop WiFi

  2. Team Walkout Disaster

    • Both interns quit simultaneously without warning

    • Left with half-finished code and no documentation

    • Set product development back by at least three critical months

  1. Financial Rock Bottom

    • Personal bank accounts completely emptied

    • Forced to sell cryptocurrency holdings at significant loss

    • Regularly skipped meals to afford basic server costs

  2. Social Isolation Toll

    • Couldn’t afford even modest social outings with friends

    • Watched peers progress in conventional careers while they struggled

    • Faced increasing skepticism from family about life choices

The Growth Breakthrough: An Obsessive Focus on SEO

In early 2020, with the company’s survival hanging by a thread, Sabba made the strategic decision to go all-in on search engine optimization:

The Implementation Process:

  1. Conducted exhaustive keyword research to identify 527 video-related search terms

  2. Built meticulously optimized landing pages for each individual term

  3. Created supporting YouTube tutorials demonstrating each specific feature

  4. Implemented rigorous analytics tracking including:

    • Precise click-through rates from search results

    • Page-specific bounce rates

    • Detailed conversion paths for each visitor segment

The Dramatic Results:

  • Month 1: +2,000 targeted visitors

  • Month 3: +15,000 visitors with improving engagement metrics

  • Month 6: +80,000 visitors and emerging brand recognition

  • Month 9: Reached 30,000 active users with organic growth accelerating

The Y Combinator Saga: Rejection as Rocket Fuel

Application Context:

  • Third attempt at Y Combinator application

  • 30,000 monthly active users

  • $8,000 in monthly recurring revenue

  • 18 months of relentless bootstrapping

The Pivotal Rejection:

YC’s pointed feedback – “We don’t understand why you haven’t charged your users” – sparked immediate action:

Rejection Mail from YC
  1. Weekend Payment Sprint:

    • Designed and built complete subscription system in 72 nonstop hours

    • Onboarded first 20 paying customers through personal outreach

    • Generated $1,200 in immediate revenue validating the model

  2. The Hail Mary Follow-Up:

    • Sent personal email to YC partners with detailed metrics update

    • Included testimonials from new paying customers

    • Received second rejection within hours

Personal Mail to YC Partners
  1. The Silver Lining:

    • Realization they didn’t actually need YC’s validation

    • Intensified focus on sustainable growth

    • Revenue grew an astonishing 400% in following quarter

The Growth Flywheel (2021-Present): From Survival to Scale

Key Revenue Milestones:

  • January 2021: $1M annual recurring revenue

  • May 2021: $2M ARR showing accelerating adoption

  • July 2021: $3M ARR with improving unit economics

  • December 2021: $6M ARR and first profitable quarter

  • December 2022: $18M ARR through product expansion

  • Current Status: $40M+ ARR with continued strong growth

Timeline

Sustainable Growth Drivers:

  1. Product-Led Growth Engine

    • Freemium model with strategic feature gating

    • Built-in viral sharing mechanics

    • Subtle but effective watermarking strategy

  2. Content Marketing Machine

    • 800+ SEO-optimized articles with regular updates

    • 300+ detailed tutorial videos across platforms

    • Daily social content establishing thought leadership

  3. Strategic Talent Acquisition

    • First 10 employees all passionate product users

    • Focus on practical skills over fancy credentials

    • Equity-heavy compensation aligning long-term interests

The Modern VEED Technology Stack

Core Technical Architecture:

  • Frontend: React framework with WebAssembly for performance

  • Backend: Node.js on AWS Lambda for scalability

  • Video Processing: Custom FFmpeg integration with GPU instances

  • Database: MongoDB Atlas for flexible data needs

Essential SaaS Tools:

  • Analytics: PostHog ($1,200/month for granular insights)

  • Customer Support: Crisp ($350/month for omnichannel help)

  • Infrastructure: AWS ($18,000/month for global reach)

  • Email Infrastructure: SendGrid ($900/month for reliable delivery)

Leadership Philosophy: Hard-Won Lessons From the Trenches

Team Building Principles:

  • “Hire people who already use and love your product – they’ll understand it intuitively”

  • “Equity alignment creates better long-term incentives than salaries alone”

  • “Small, focused teams move faster and innovate better than bloated departments”

Product Development Insights:

  • “Solve your own problems first – if it frustrates you, it likely frustrates others too”

  • “Browser-based solutions beat native apps for accessibility and ease of use”

  • “Simple, intuitive interfaces consistently outperform complex, powerful ones”

Mental Frameworks for Resilience:

  • “Expect and prepare for at least ten rejections for every meaningful yes”

  • “Revenue growth solves most other startup problems organically”

  • “Constraints force creativity – abundance often leads to complacency”

The Road Ahead: Challenges and Opportunities

Current Scaling Challenges:

  • Maintaining culture and communication at 150+ employees

  • Building enterprise sales capabilities for larger clients

  • Strategic integration of AI features without losing product focus

AI VEED

Future Vision and Expansion:

  • Creating an all-in-one video operating system

  • Developing real-time collaboration features for teams

  • Building vertical-specific solutions for key industries

Final Advice for Aspiring Founders

  1. Start Immediately Without Perfect Conditions
    “Don’t wait for funding, permission, or the ‘right time.’ We started with less than nothing – just a shared keycard and determination.”

  2. Embrace the Necessary Grind
    “Those three brutal years of struggle built the resilience we needed for later challenges. The hard times are your competitive advantage.”

  3. Maintain Ruthless Focus
    “Master one growth channel completely before even considering others. Our SEO focus saved us and became our foundation.”

  4. Learn and Build in Public
    “Share your authentic journey – it attracts the right customers and talent while keeping you accountable.”

  5. Remember to Enjoy the Process
    “It’s stressful and all-consuming, but there’s genuinely nothing more rewarding than building something people love and depend on.”


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