Zoom is poised to be one of the most richly valued tech companies after it goes public

Zoom is poised to be one of the most richly valued tech companies after it goes public

5 years ago
Anonymous $syBn1NGQOq

https://www.cnbc.com/2019/04/10/zoom-poised-to-join-most-richly-valued-tech-companies-after-ipo.html

Amid all the hype surrounding this year's big consumer IPOs like Lyft, Pinterest and Uber, investors seem most excited about the debut of a company that sells video-conferencing software to businesses — Zoom.

That's because Zoom has the unusual distinction of being profitable while also growing at over 100 percent annually. It's a formula that public investors don't see often from cash-burning Silicon Valley.