Zoom’s Once in a Decade Chance

What makes Zoom uniquely successful and how it should evolve to capture platform benefits

Investor’s Grief

What most people forgot: Zoom was already a good performing stock before SARS-2.

That was a 50x revenue multiple — expensive. I shared a little investing anecdote back then:

I have the same kind of feeling I had when Bitcoin doubled its value in mere 4 weeks: I know these things (in this case Zoom, Slack, Uber) have potential, but isn’t everyone going nuts?

I sold BTC back then and missed out a lot (it was the first doubling from 1k to 2k).

Guess what, I missed out on a lot with Zoom as well — calls like this make me the worst stock trader in history.

You think Gold was the safe asset in this pandemic like it is in every crash? The only real hedge was either shorting the market or buying Zoom (both of them). Zoom’s market cap as of early May 2020: $43.4b.