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Zoom's blow up and their financials
- notlukesky 7y agoThe increase in usage will lead to higher conversions and offset the bandwidth usage. If that fails they might restrict the free tiers and introduce some fees. It’s a great problem to have in this market.
- nojvek 7y agoZoom went up 22% today. Wow! I think the idea is that if 20% of users convert to paid users, it’s fine to be a loss leader right now. But daaaamn. I missed out on this. Was so gonna put on Netflix and Zoom but I guess I wasn’t fast enough. That P/E ratio of 1700+ really scares me though. Seems heavily overpriced.