EECS441 Company Preso

1. By Yeonsoo Kwon (itsyeon)

2. Problem
In the need of an easy, reliable video conferencing tool
Product

3. Persona
Professor Brown
● 56 years old Physics professor @ Umich
● Not so tech-savvy person
● Need to use a remote conferencing service
to host online classes

4. Financial Info

5. Business Model
● Subscriptions
○ Modern Cloud Phone Solution
○ Software-Based Conference Rooms
○ Webinars
○ Add-ons ( Audio Plan, Cloud Storage)

6. History of Zoom
Company went
public
Valued at just
under $16 billion
by the end of IPO
2019
Officially entered
the unicorn club
Attracted $100
million in Series
D funding
Partnership with
Meta, Slack and
Workplace by
Facebook
2017
Received $30
million in Series
C funding
2015
10 million users
by June 2014
2014
Service Started in
January
One million
participants by
May
B2B collaboration
with software
providers
Partnerships with
hardware and
software vendors
2013
Founded by Eric
Yuan
2011

7. What’s HOT?

8. Secret Sauce
● Customer-Driven
● Building the best product
● Not afraid to splurge to build their brand

9. Competition

10. Prediction

11. References
https://www.process.st/best-video-conferencing/
https://www.forbes.com/sites/tomtaulli/2018/10/13/how-to-make-an-amazing-product/#1631b6ae64a3
https://www.drift.com/blog/how-zoom-grew/
https://en.wikipedia.org/wiki/Zoom_Video_Communications
https://www.forbes.com/sites/petercohan/2019/04/11/zoom-has-mastered-the-art-of-profitable-growth/#aa831a91bd09
https://vator.tv/news/2019-04-19-how-does-zoom-make-money
https://www.owllabs.com/blog/zoom
https://zoom.us/pricing
https://investors.zoom.us/static-files/f74354f8-d7de-46fa-a519-c41d6733886a
https://investors.zoom.us/static-files/ddf492b5-9890-44ce-bc8d-1203eef14d77
https://finance.yahoo.com/quote/ZM/financials/