Zoom On Zoom
24 December 2020
Zoom is now worth $130 billion, the same as Facebook was at the end of 2013.
And the outlook? Not so obvious:
1) The exit of the pandemic will not help sales;
2) Competitors (Microsoft, Cisco) are going to put a lot of effort into regaining market share. For information: in the last quarter, Zoom spent $40 million on R&D, while Microsoft spent $5 billion and Cisco $1.6 billion.
3) Additional difficulty: last Friday, the US Department of Justice filed a complaint against Zoom for voluntarily interrupting communications commemorating the Tiananmen massacre.
That seems like a lot of money for Zoom to be valued at $130 billion today.
Finally, for those who missed my speech at Quantalys Inside: don't panic, we have the videos! Here they are :
- How to build an optimal allocation?
- Strategic allocation, tactical allocation: what are the differences?
- How to reduce risk by diversifying an allocation?
Charles
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