That’s a reasonable point but remote conferencing subscriptions are at an all-time high, so it wouldn’t surprise me to see some churn in this area, even if ever

That’s a reasonable point but remote conferencing subscriptions are at an all-time high, so it wouldn’t surprise me to see some churn in this area, even if everything you said is correct. Schools, teams that return fully to the office, etc will probably let their subscriptions lapse, which would lead to a fear among investors that the business was in trouble. It’s a smart play to introduce a new revenue stream (via M&A) to counteract that narrative.