Skip to main content

3 reasons why almost every VC investor passed on Zoom


We now live in a Zoom world. Since founding the now-iconic video-conferencing company in 2011, Eric Yuan has elevated Zoom to one of the most successful SaaS businesses in recent history. With 400,000 paying customers, $600+ million in quarterly revenue, and a market cap north of $100 billion, Zoom is ubiquitous in post-pandemic 2020.  But when Yuan was raising his Series A round back in 2012, dozens of institutional venture capital firms — including those focused on early-stage, cloud, and mobile deals — passed on Zoom. Why, and what can investors and entrepreneurs learn from these reasons? Zoom’s early days…

This story continues at The Next Web

from The Next Web https://ift.tt/3qT7vcV
Labels:

Comments

Post a Comment

Popular posts from this blog

TNW Podcast: Boris comes over to co-host; Slack’s Cal Henderson talks European tech

 Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Andrii is joined by Boris Veldhuijzen van Zanten, co-founder, member of the board, and former CEO of TNW. The topics discussed include the jobs created by Dutch startups, giant state funding for energy projects, translations of the word ‘computer’, and a bunch of other things in between. In the interview section, we’re featuring a conversation with Cal Henderson, co-founder and… This story continues at The Next Web from The Next Web https://ift.tt/jUgcNFD
Post a Comment
Read more

The TickTime is a clever productivity gadget that just works

With so much of the world’s workforce shifting to remote labor, a whole lot of people are trying to figure out how to be productive at home for the first time. Well, I’ve been working from home for years, and I still haven’t totally figured out the puzzle. There are no shortage of apps designed to help you be more productive, but I’m not sure anything I’ve tried has had as much potential as a little gadget called the TickTime. The concept is simple but clever. If you’ve ever heard of the Pomodoro method, which asks you to work in… This story continues at The Next Web from The Next Web https://ift.tt/2ySFso4
Post a Comment
Read more

CHEAP: This Lenovo Smart Display with Google Assistant is HALF OFF

Welcome to CHEAP, our brand-new series about things that are good, but most of all, cheap. CHEAP! Yes, this is my hype. The Lenovo Smart Display (with, of course, Google Assistant) is on offer for only $99.99 – in other words, HALF PRICE! Fast, go get it! I have this exact device and, well, I’m sorry to say it makes me pretty happy. Look, I never thought I’d be into voice-activated assistants, but, lord, I was wrong. Maybe it’s the screen? On second thought, it’s definitely the screen –  it adds an extra little something to the experience. So, what can… This story continues at The Next Web Or just read more coverage about: Google , Lenovo from The Next Web https://ift.tt/2UlsGaW
Post a Comment
Read more