Zoom

“Zoom was apparently on ten million MAUs, right? For some time. And in this crisis, it's gone up Siddharth, to 200.”

“There is an interesting trend going on and Slack and Zoom et cetera, part of that trend where there is a increasing movement of a consumer DNA into SAS products where the cycles are becoming shorter. There's more iterative product development. More integration…”

“IVP has you know, made our first investment, which we're announcing in a few weeks, completely remote. We met the entrepreneur through Zoom. We did diligence virtually, and we are leading a pretty big round in his company.”

“What we got wrong on that one is we underestimated the sheer size Of the transition going on with sort of cloud communications. And we also probably overestimated the ability of the incumbents, namely Cisco and others to beat the startups.”

“The first investment that Nexus made was in early in a company called DimDim, which would have been Zoom. Like, if you look at it was exactly Zoom, Zoom prior to Zoom. The idea was, you know, Webex and others didn't have the experience, and this gentleman out …”

“Building your own video platform for a live learning company is just like, in my opinion, it's the worst thing you can do because there's a solved problem with zoom. And so many people have solved the live learning video problem, right? Your problem to solve i…”

“In person is always way better than doing, like, Zoom calls. It works. Zoom also works. I've been doing it for the last two years, but I think this will accelerate your learning for the audience if they want to come here and accelerate their growth in their ca…”

“Most people give it access to email. They give it access to their Google Docs, or SharePoint, or Box, Dropbox folders. Most people don't want to start out by giving access to all Zoom calls. Or phones.”

“So a good example would be Major League Baseball. You know, which uses Zoom contact center, and they also do replay with Zoom. If you see the video replay, it's powered by Zoom. So the actual contact center, all the ticketing all of that customer service is al…”

“And if someone writes in with a legitimate complaint, Eric will not only read it, He'll make sure it gets acted on, that it gets fixed, and it's communicated back. I'm talking about an everyday user. You could write in, and if you tagged Eric, he would ask som…”

“We wanted to beat Microsoft to market, and we did beat Copilot to market by a couple of weeks.”

“And today that product is now relabeled as Zoom Virtual Agent. It's part of the contact center business, which is one of the fastest growing lines of business in Zoom. Most people know meetings and Zoom phone. The contact center is actually growing very, very …”

“These five things, it's easy, the five fingers of one hand, problem, root cause, solution, owner, date. And I think this sounds very formulaic. When you think about it sounds very formulaic. It sounds like something you read in the book. But when you actually …”

“Solvy, we got to, we were very lean. We were, we got to eight digit ARR. We launched a product in 17. We exited obviously early 22. We were, I think, 67 or 68 people when we exited the company.”