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Famous short-seller Jim Chanos appropriately called Zoom a "Covid stock". It is clear why after seeing this story. https://www.cnbc.com/2020/04/02/jim-chanos-s

Famous short-seller Jim Chanos appropriately called Zoom a "Covid stock". It is clear why after seeing this story. https://www.cnbc.com/2020/04/02/jim-chanos-says-beware-the-virus-stocks-like-peloton-zoom-benefiting-temporarily-from-lockdowns.html https://www.cnbc.com/2020/04/02/jim-chanos-says-beware-the-v... Will people really want this monstrosity around post-pandemic? I hope we can somehow miraculously get back to normal work just as this device enters the market in August, and we will have an epic failure called DTEN ME (which sounds like "detain me") as a cautionary tale.

btown 6y ago
Zoom may well be overvalued, but it is doubtless more valuable on a long-term basis than it was pre-COVID. So many firms in expensive cities will have permanently adapted to a world in which they can access talent from places with lower costs of living, and Zoom is an indelible part of that narrative.
tootie 6y ago
Zoom had pretty substantial market share pre-pandemic. It was essentially the incumbent best product when the pandemic hit. Having used a bunch, I think it's definitely the best enterprise product out there. It's superior to the old gen products like WebEx and has more features than things like Meet and better UX than Teams. I'm hoping the market gets more competition, but Zoom absolutely deserves it's spot at #1.