25:06 When someone is saying that rebranding was not giving some decline or we recovered like immediately, I usually don't believe to that people because it never happens just by like the real things.
25:26 When you change the name and the, and the domain is changing, you immediately lost, lose the branded traffic. The, there are some bugs in the direct visits patterns. The SEO rankings are also lost. So there are a lot of things that you are losing. Therefore your organically see the decline in terms of the revenue, the traffic, the leads, all that stuff. I thought I was more optimistic that the recovery will happen in one month, but it didn't. And that was very difficult, you know, to, to wake up, usually wake up. And the first thing which I do, wake up to the breakfast, I open my laptop and go into the dashboard to see what is happening with the revenue,
26:15 with the subscriptions. And for like two months, I was monitoring the decline. And it's emotionally difficult for the person who's responsible for, for growing the revenue. And now like when two months passed, we started to see the recovery. I was saying like, oh, okay. Because at some point I started questioning myself whether I'm good at market, whether I'm good at marketing person or not, whether we did the right decision or not. You know, there's a constant thinking about the things that you did. So yeah, now we started seeing the positive results. So it took longer. And I think that the growth is going to be still postponed.
27:00 So now it's on the recovery stage, but the real growth should come later. But the positive thing that we started to see on the positive side on the developer platform, because previously API was almost unknown. Now the developer platform is benefiting from the creator platforms. People started to see that we don't only have the video editor, but also the API that teams can utilize. So that is the long story short. - Yeah, I think a lot of people may take the decision to rebrand a little bit frivolously. They may not, I thought what was really interesting is the internal resistance and knowing that people are emotionally tied to a name, a brand, a voice.
27:47 You know, it's one that you're assuming, when we started talking about this, I was really only thinking about the external changes, but really keeping the team feeling cohesive is a big part of it too. I didn't realize that that would be a big factor. - That's true, that's true. And I think this is more evident in the smaller teams, because in the larger organizations, the decision about rebranding or some changes in the brand name are coming just like the decision some head has taken. And they are just presenting that for you. But while you are, when you are a small team, you are still attached to that. So like any change, like significant change
28:27 is really traumatizing, I would say. - Yeah, it makes a ton of sense. Well, and I think knowing what you're signing up for, saying, hey, we're gonna make this decision, especially if it's existential, as you mentioned, hey, this is a big deal, in order to capture market in a way that's gonna be conducive to our growth, we're going to have to do this, we don't really have a choice. That sounds like the right time to do it. Not if it's, hey, maybe we could capture a bit better, maybe this will describe what we do a little bit better, maybe it's a sexier name. Those sound like reasons to not rebrand. Would you agree? - Yeah, that's sure, that's sure.
29:04 - And then because you're signing up for months and months of pain, and you have to have a long game in it where there's something in it for you to make this decision worthwhile. - Exactly, exactly. But I think, again, as I said, for us, this was kind of an existential question, and maybe people like the engineers or some specialists, they just don't understand it, but when we discussed that on the C-level medics, we just all knew that this should happen, this should happen. - Makes a ton of sense. Well, I commend you on your bravery for doing it, and I appreciate you sharing the roadmap for anybody else who's gonna have to go through that type of process.
29:49 One of the things I really like to talk about, because I think there's this idea or ethos out there, especially in the startup community, even more so if it's a hot AI startup, I think a lot of people are reluctant to bring in leadership from big tech, from big companies. And I see you as an example of someone who has taken that experience and turned it into a positive in the type of company you're in now, and I would love for you to walk through that story, maybe some things that shocked you, or how to prep anyone moving from a big corporate environment to a startup. - Look, in my case, in my journey,
30:31 I think I was searching for the startup as a next career step, because previously, I already had quite successful path. So I started, I have always been in marketing, and I was growing quite fast. So I became chief marketing officer in Yandex by 30, so quite young. Yeah, and I was leading the cloud marketing team for almost seven years. So at some point, I started feeling that I did everything, I mean, in the large corporation, that I want to try something absolutely different. And I started searching for the new challenge, and I refused from several offers, which were still coming from the big tech. So intentionally choosing the startup,