https://medium.com/@alexfclayton/zoom-ipo-s-1-breakdown-1192...
Growing >100% YoY, profitable, generating cashflow, NPS above 70, just an all around solid business.
Unless you're one of their many competitors, like, say, AWS. From the S-1:
"Our current and potential future competitors include a number of different types of companies, including:
• on-premise hardware network vendors, such as Cisco Systems Inc., F5 Networks, Inc., Check Point Software Technologies Ltd., FireEye, Inc., Imperva, Inc., Palo Alto Networks, Inc., Juniper Networks, Inc., and Riverbed Technology, Inc.;
• point-cloud solution vendors, including cloud security vendors such as Zscaler, Inc. and Cisco Systems Inc. through Umbrella (formerly known as OpenDNS), content delivery network vendors such as Akamai Technologies, Inc., Limelight Networks, Inc., Fastly, Inc., and Verizon Communications Inc. through Edgecast, domain name system vendors services such as Oracle Corporation through DYN, NeuStar, Inc., and UltraDNS Corporation, and cloud SD-WAN vendors; and
• traditional public cloud vendors, such as Amazon.com, Inc. through Amazon Web Services, Alphabet Inc. through Google Cloud Platform, Microsoft Corporation through Azure, and Alibaba Group Holding Limited through Alibaba Cloud. "
Wow, they grammar goofed "on-premise" 33 times on their filing. (should be on-premises)
Edit: And Now I am getting downvoted for asking a question.
"premise" is a thought or idea. "premises" is a location, like your servers can be "on-premises". Completely different meanings.
I hear lots of people these days mistakenly saying "on-premise" during hybrid-cloud conversations and in documentation when they really mean "on-premises". (And yes, looks like I've been down-voted for my first hacker news comment too.)
But, every competitor that I’ve tried to use is a train wreck. Zoom just works. All the time, every time.