$3B may definitely be reasonable depending on the numbers. Just commenting on the apparent assumptions made using the analysis above. Zoom is still worth $20B,

$3B may definitely be reasonable depending on the numbers. Just commenting on the apparent assumptions made using the analysis above. Zoom is still worth $20B, but there were many who said it was worth far higher because they didn't consider or discount competition at all. However, I also think Zoom is likely to fall quite a bit more from here. Their revenue is flat YoY and still valued at 30 PE.