My immediate reaction was (1) virus fears were overblown and (2) inflation. I was clearly wrong about the virus but the latter may come to haunt central banks. People should be investing in real assets such as commercial real estate at distressed levels and in particular privately held luxury hotel properties.
Fair enough but I only added that as an edit after my post was downvoted within seconds. In addition, Zoom was a niche company prior to the pandemic. I’d compare it to something like Nuance.
Understood and I read about why it’s a superior product. However, we all know superior products do not always win. I don’t think the meteoric rise in Zoom can be entirely attributed to its product. For example, why did schools adopt Zoom instead of Google Meet when Google was already deeply integrated to remote learning? That’s a big puzzle for me. There was something else going on be it stealth marketing or something else.
I am very curious how Zoom took off out of nowhere at the very beginning of the pandemic. I believe I generally keep tabs on up and coming technology companies and never heard of Zoom until mid March. They kept popping up in media perhaps due to marketing effort? I still prefer Google Meet.
Edit: I am getting downvoted within seconds. This is just me asking an honest question. Hmmm...guess CCP got to keep Zoom alive.
Edit: My intention was not to be conspiratorial. I am genuinely curious how they rose so fast and what other factors played into their success.
SOTP suggests FB investors at around $180-$200 could make out nicely even if they split Instagram and Whatsapp. I don’t think there’s a lot of synergy among those three core businesses. In fact, Instagram would be worth a lot more independently (just as Youtube would be worth more operating alone). This is to say not a lot of downside as people may expect from Political scrutiny forthcoming. My two cents.