975M for what the company does seems awfully high imo. But nice exit all things considered for the Loom folks and their investors.
it is true that $975M is too high a price for a screen recorder when they could have bought a licence to Cleanshot for $19
Does cleanshot auto upload and process the video as well?
Alternatively, because it's a great native-first app, you can just set the saving directory to an existing cloud provider on your machine like Dropbox and let it handle uploading and serving the file.
See the thing with something like loom is it just works.
I used mono snap for a while for example.
Native apps to capture are great but they seem to get acquired.
Maybe it’s easier now to do but it definitely was faster than a native app locally uploading to the cloud as you record.