Too Long; Didn't Read
A lot has been written about Zoom in the wake of the Covid-19 pandemic. The share price has risen 800% since its IPO, valuing it at $144 Billion. It has an amazing product that cut through a crowded field to do things better than the well-established competition, including the likes of Webex, Google Hangouts and Microsoft’s Skype. Zoom is riding a high that is well deserved, but it risks it all if it doesn’t get the fundamentals right. In 2021, Skype will be dead, almost precisely ten years after its acquisition by Microsoft.