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I am very curious how Zoom took off out of nowhere at the very beginning of the pandemic.Because it was already the best and up-coming tele-conference tool before 2020?
>I believe I generally keep tabs on up and coming technology companies and never heard of Zoom until mid March.*
Apparently not that good tabs...
"Eric Yuan, a former Cisco engineer and executive, founded Zoom in 2011, and launched its software in 2013."
"In January 2017, the company raised US$100 million in Series D funding from Sequoia Capital at a US$1 billion valuation making it a "unicorn" company."
"The company first became profitable in 2019, and completed an initial public offering that year."
"On April 18, 2019, the company became a public company via an initial public offering. After pricing at US$36 per share, the share price increased over 72% on the first day of trading.[43][7] The company was valued at US$16 billion by the end of its first day of trading.[7] Prior to the IPO, Dropbox invested $5 million in Zoom."