Assertion Supported AI assessment confidence: 95% certainty 5/5 debate potential 2/5

Top WebEx engineers left Cisco to join Zoom shortly after launch

Eric Yuan · 1014 Zoom CEO on Killing His Old WebEx Baby With $150m+ in ARR · May 4, 2018 · at 5:19

Zoom founder Eric Yuan describes founding Zoom in 2011 after leaving Cisco and WebEx.

0:00 / 0:13exact quote · 13.5s
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“I left at Cisco end of June of 2011, and that's how I started Zoom, and one month later, some top Webex engineers, they quit and followed me to start, to join Zoom.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Eric Yuan

Insight
Yuan: Designing SaaS for artificial customer lock-in is the wrong approach
“We never wanted to make our services sticky. The reason why I think that is wrong direction, because the reason why you want to make it sticky, you always say, hey, this customer don't switch to others. I think that's wrong approach.”
Eric Yuan May 4, 2018 ▶ 15:17 1014 Zoom CEO on Killing His Old WebEx Baby With $150m+ in ARR
Assertion Not checkable as stated
Cisco doubted Zoom's vision, believing enterprise collaboration belonged in social networking
“At that time, they saw it is, you know, they focused on the social networking. At that time, they saw the overall, the collaboration strategy should be around the social networking. I have a different opinion, and they probably thought, I do not understand the…”
Eric Yuan May 4, 2018 ▶ 5:39 1014 Zoom CEO on Killing His Old WebEx Baby With $150m+ in ARR
Assertion Not publicly verifiable
Yuan: Zoom has achieved over 100% year-over-year growth for several years
“I think a minimum is 100%, you know, over the past several years, right? You know, and we got to the growth, you know, faster, right? I think that that's kind of a minimum is 100% over the past several years.”
Eric Yuan May 4, 2018 ▶ 10:24 1014 Zoom CEO on Killing His Old WebEx Baby With $150m+ in ARR
Disclosure
Eric Yuan: Zoom's ultimate goal is connecting one billion users
“I, again, our goal is to connect a billion users to use Zoom.”
Eric Yuan May 4, 2018 ▶ 12:08 1014 Zoom CEO on Killing His Old WebEx Baby With $150m+ in ARR
Disclosure
Yuan: Zoom will not sell, contrasting with WebEx's early acquisition
“No, no, no. We don't want to sell the company. And by the way, you know, I was not a CEO, right? So WebEx, you know, the two co-founders and You know, they are already a public company. They wanted to sell the company back in, you know, in our case, you know, …”
Eric Yuan May 4, 2018 ▶ 3:16 1014 Zoom CEO on Killing His Old WebEx Baby With $150m+ in ARR
Disclosure
Yuan: Zoom has not touched its Series C or D capital
“The C round and D round of money is still in the bank. We even did not touch that yet because we already generated, generated enough cash, you know, to help us to invest more into the backend operation or marketing side.”
Eric Yuan May 4, 2018 ▶ 7:05 1014 Zoom CEO on Killing His Old WebEx Baby With $150m+ in ARR
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