A Profile of Zoom CEO Eric Yuan
forbes.com
forbes.com
- Zoom is indeed great. Reliable and clean UI. Local recording to MP4 makes for easy sharing.
- Webex is a bit less intuitive, but still reliable. Proprietary video recording protocol makes it video's hard to share.
- Skype Business should die in a fire. Unreliable and terrible UI. The Mac version of it is pretty much broken. A lot of folks can't find out how to screen share.
- BlueJean. Trying too hard to be fancy with their UI. They are also very proud with their Dolby Voice, but I find it harder to properly understand people (My hearing is not that great).
- Google Hangouts / Meet doesn't work in Safari for no good reason IMHO. High CPU usage and could use some more features, like a personal room and default meetings settings (no vid/mute by default on join, default audio devices etc)
(Having said that, Hangouts is far from perfect.)
And it's a bit of a wierd criticism since Hangouts actually predates Zoom and most of solutions suggested in this thread.
btw, there are three different versions of Hangouts: Classic, Meet, and Chat. Hangouts Classic will be EOL'd later this year. Hangouts Meet is the video conferencing for business. Hangouts Chat is a Slack clone for business that includes video calling.
Google will transition Hangouts Classic users to Hangouts Chat, not Meet:
https://gsuiteupdates.googleblog.com/2019/01/upcoming-hangou...
Google Talk and Google Voice are two other Google products that (used to?) support video calling.
a) actual support
b) product lifespans that businesses can rely on
Their penchant for "surprise! sunset"ing major products that users rely on, and showing no reluctance to do this for business customers as well means only scrappy small players who feel like the cost differential or some specific feature is worth the threat of having to migrate one fine weekend.
Specifically in the chat/videochat domain, Google has released and sunsetted
gchat (to...) google talk (to hangouts) duo allo voice
The mic doesnt work on mobile, their ability to get people to join easily sucks.
But i do like HighFive
I have a slack integration to create a highfive video conf i just /highfive (name of meeting) and then share that link.
Ah, Hangouts works splendid for one person meetings! Anything with two or more people I'd rather use something else ;)
I disagree on the "clean UI". The actual "call in progress" window, yes - easy to find screen sharing, chat etc.
The Zoom application on Windows, the scheduling 'feature' (did I get the right meeting room ID? Have I joined my personal one or the call's one?) and the website, both are among the most confusing UIs I've used. Beaten only by some enterprise Java-GUI'd software.
There’s several of what appear to be anti-WebEx posts around here, and it makes me question who have actually used it in its intended setup. The university I’m at recently redid a lot of the rooms, and created several so-called presentation zones that are outfitted with WebEx equipment. Multi-monitor presentation (for the speaker and audience), multi-view camera’s that track and focus on the current speaker/audience member, and an audio system who’s microphone can pick up sound from pretty much anywhere in the room and doesn’t feedback loop on itself. To me that’s the difference when you go with a Cisco solution. Other vendors you get a utility or software, Cisco gets you into an ecosystem of well integrated tools, both software and hardware. Whether or not you actually need them is up to you.
I did a test run on Friday with a guest speaker for today who was calling in from the west coast to us on the east coast. She was joining from a laptop. Connection was solid and worked great. Hopefully it stays that way today!
It has some great hidden features - seamless network switch (my wifi was giving problem. I switched to LAN. Skype displayed a message something like - 'detecting and switching network'. Call quality improved without disconnecting), make\promote an attendee a presenter. Their core tech is strong.
And I think this really marks the start of an increase in Asian/Indian-American entrepreneurs making waves in the upcoming decades. For all the talk about overrepresentation of Asian-Americans in tech, most are limited to technical/individual contributor/engineering roles. Very little Asian representation in management/executive roles, but it's quickly rising. Andrew Chen, Connie Chan @ a16z. Jessica Lee @ Sequoia.
I'm Asian-American, grew up in SV (currently in college). An explanation for the pattern I described above is that my and most of friend's parents are immigrants from Asia. Often went to the top universities in their country, and came to US for graduate school, then work for the big tech companies.
And so for them, they weren't able to take any risk - they were there to settle down and start a family. But the new generation of Asian-Americans go to these top colleges, and are able to have the ambition to do entrepreneurship. I'm extremely excited and optimistic to see more AA representation in startups and driving real-world impact.
- Sehat Sutardja and Weili Dai of Marvell
- Koguan Leo and Thai Lee of SHI
- Jayshree Ullal of Arista
- David Sun and John Tu of Kingston
- Min Kao of Garmin
- Romesh Wadhwani of STG
- Vinod Khosla of Sun/KPCB/Khosla Ventures
- Niraj Shah of Wayfair
- Ram Shriram of Netscape/Amazon/Google
You also forgot Jensen Huang of Nvidia. He co-founded Nvidia 1993 (perhaps you weren't born at the time), been CEO and running Nvidia ever since, with a current net worth of $3.6 billion.
And there are older generation Asian-American CEOs running big tech companies and reach billionaire status since 1950s!
- Wang Laboratories CEO An Wang [1]
- Computer Associates International, Inc. former CEO Charles B. Wang [2]
Were I briefly king, one of the first things I'd do is task the Federal Reserve to create a large 'steal the talent fund' (by another name) and set out on draining the world of as much talent as possible. I'd use clever funding programs to make it easier for the best to move to and transition to the US. A tiny bit of inflation in exchange for a massive long-term return. The rest of the world would in part pay - via the international holdings of dollars - for my program to steal their own best and brightest.
Every graduate of a major US university gets automatic citizenship. The best scientists, engineers, doctors, and so on, I'd want all of them. I'd do almost anything it takes to get them to my shores. Half of everything America is in its wealth or accomplishments, spanning two centuries now, is owed to brave immigrants that chose to abandon a life elsewhere and seek opportunity here at great risk. It's hard to comprehend the enormity of the mistake that is the US immigration system. We don't even take a neutral approach, we take a make-it-difficult approach.
Your idea of giving every international college graduate citizenship sounds nice, but when we have a major underemployment problem in the US of college graduates, more graduates is going to cause further problems.
https://www.forbes.com/sites/prestoncooper2/2018/06/08/under...
I know we are that immigration is what caused america's greatness. But things are a lot more complicated than that. We became the largest economy and the greatest military power under extensive immigration bans.
For example, the The Johnson-Reed Act of 1924 banned almost all immigration for much of the 20th century.
https://history.state.gov/milestones/1921-1936/immigration-a...
I am for legal and vetted immigration but you are painting a false picture of the history of america and the reason for america's success.
Also, china, japan, south korea, etc became wealthy nations little to no immigration. So the immigration and economic success argument is a lot more complex than people think.
"Every graduate of a major US university gets automatic citizenship." This basically means Universities are in the business of selling cheap citizenship. So, no.
Most importantly: " I'd do is task the Federal Reserve to create a large 'steal the talent fund'"
Wow. I hope you don't mean that! There are 1000 initiatives the gov. wants to be involved , we just don't print money willy nilly!
I think if the H1 programme we re-thought so that it was not abused - and there were some kind of 'path to citizenship' in some cases that would be ideal. So long as it's managed properly.
I think the key here is 'intelligent policy' that works well with private enterprise, not a big spend.
are all executives really that clueless about tech or do they say those dumb things to target investors that they know are clueless about the tech?
I actually use their software and love it, but do they really have a secret sauce that won't be copied soon?
I think the other thing they do is decrease the image quality when multiple people are simultaneously connected. This is a nice hack since you don't really notice the difference, and users blame bad images on the network not the product.
The biggest challenge to their business IMO is if/when WebRTC becomes stable between all browsers. There are still many kinks that need to be worked out. Everything falls apart in the P2P version when you have more than like 5 people connected as the amount of information that needs to be transferred across the network scales exponentially.[0] So you need to add a gateway and connect everyone over a single pipe.
That's the great thing. There might be an entire market of options out there for an idea, but if they don't get something like reliability right, then that's the easiest foot in the door.
more details - https://webrtchacks.com/zoom-avoids-using-webrtc/
Product management is a fine art... Maybe Microsoft and Google will manage to catch up, maybe in trying so they’ll dig themselves further into a hole...
WebEx and GoTo charge (quite a lot), and both are seriously ropey.
People tend to underestimate just how different it is at most companies to modify/increase an existing agreement vs. setting up a new one.
I would be much more worried about competition. Video conferencing has a small moat especially since major incumbents are already in the space
Product differentiation introduces pricing power for individual firms, and depending on the style of competition you think will occur (e.g., Cournot oligopoly vs. Bertrand), you may very well never approach anything close to perfect competition with the small number of firms there are in this market.
...in a perfectly competitive market. In a situation where monopoly rents can be charged (which is what having a moat is about), prices should hit the point where unit price × sales - cost is maximized.
https://finance.yahoo.com/quote/ZOOM?p=ZOOM
More seriously for a very early stage company with a large market P/E is probably not a good measure.
It's 2250 now! Weeeeeeee
Microsoft, for example, has a lot of deep integrations of Skype for Business with the Office suite and I'd imagine they'd make it compelling for their enterprise customers (who I'd imagine is the main user of video conferencing) to use it.
How did they win the market in the face of competition from all these large players?
It used to take thousands of dollars and loads of specialized equipment to get a videoconferencing solution for a single room, and even then half of every meeting would be spent getting it to work. Now you need an iPad Mini with the Zoom Rooms app and everything just works.
Focus on sales is what doomed other video conferencing. Sales in such context usually means they focused on convuncing some exec to buy the product, who inevitably used it personally not that much.
Zoom seems to have focused on tech and end user experience.
Zoom had great value, they took advantage of existing tech so that companies could set up reliable conferencing gear for a fraction of the cost, using a cheap PC, an iPad for the remote, a Bluetooth speaker, and a generic webcam.
Combine this with the dominance of Cisco and Microsoft and you have big giants who don't see enough money to complete with other giants.
So the insurgent player is the only one who breaks through.
btw, doesn't Amazon have a similar software (Chime?). So they are competing but only really recently.
MS, more than any company is very well positioned for this - they have the relationships and sales force.
Cisco has that, but in kind of another way.
Google has the tech, but they need 'Enterprise Oriented Product Management' - which they don't quite have, and a kind of Enterprise Sales, which they don't quite have.
Their Cloud offer has suffered due to this, granted, that's a much bigger nut to crack, with other kinds of overlapping issues.
I think if Bezos, or another CEO decided it should be a focus, it would be.
I don't think Salesforce is hot on this area yet, but it wouldn't surprise me if eventually they did, as Benioff seems to be keen to extend horizontally, and they are good at integrating stuff.
Good on Zoom though, I hope VC's take note and back quality efforts in classical markets.
Amazon have an offering, but it's relatively recent (last year?).
Inspiring.