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Zoom continues to astound me. I am constantly dumbfounded when I see articles about Zoom breaking records, and even more shocked when I see their market valuati

Zoom continues to astound me. I am constantly dumbfounded when I see articles about Zoom breaking records, and even more shocked when I see their market valuation. A market cap of $129 billion (with a B) with annual revenues of 600 million? I feel like this is a crazy gone bad joke, how in the world do they expect to justify that kind of valuation? Can someone please explain what is their current business plan, and what is their future one? They don't have ad space to generate revenue, they don't have a viable subscription based model, they are not a real B2B product, and they are not going to keep adding users forever. This was once in a lifetime situation where a majority of people were using it, and they still weren't able to capitalize on them in a way of monetizing them. I feel like they hit their peak without reaping the milestones and achievements along the way (except getting out like a bandit from the stock market). Am I taking crazy pills or?

russli1993 6y ago
I think for us techy people, we image a future where people interact with each other virtually. Today in video calls, tomorrow will be in ever realistic virtual reality. Maybe at some point we will be so good at mimicking reality and also so good at creating new scenarios where it is not possible in reality. But after this experiencing this pandemic, staying home for more than half of the year, interacting people remotely, at least for me, I can't wait for the time to finally able to meet people face to face. Even though a lot of companies have offered forever working from home, I don't think I will take that offer. Its just feels so much better to talk to people, see people in person. Whether its the body language, people's emotions, or physical interactions, and the in the moment and immediateness of everything. I don't think computers, VR and AR will ever going to replace that experience. For zoom though, I think that they will continue to find ways to extract more revenue per users. I think what will increase in the future is more and more economy will be digital economy, and people will be more willing to pay for and do commerce in a virtual platform. And companies will find ever more commerce opportunities with digital technologies. So I think they will continue to increase their revenue.
paxys 6y ago
Zoom has quarterly revenue of $600 million, not annual.

russli1993 6y ago

I think for us techy people, we image a future where people interact with each other virtually. Today in video calls, tomorrow will be in ever realistic virtual reality. Maybe at some point we will be so good at mimicking reality and also so good at creating new scenarios where it is not possible in reality. But after this experiencing this pandemic, staying home for more than half of the year, interacting people remotely, at least for me, I can't wait for the time to finally able to meet people face to face. Even though a lot of companies have offered forever working from home, I don't think I will take that offer. Its just feels so much better to talk to people, see people in person. Whether its the body language, people's emotions, or physical interactions, and the in the moment and immediateness of everything. I don't think computers, VR and AR will ever going to replace that experience. For zoom though, I think that they will continue to find ways to extract more revenue per users. I think what will increase in the future is more and more economy will be digital economy, and people will be more willing to pay for and do commerce in a virtual platform. And companies will find ever more commerce opportunities with digital technologies. So I think they will continue to increase their revenue.

paxys 6y ago

Zoom has quarterly revenue of $600 million, not annual.