Zoom - ZM

[engineer]

@Jamie1088

Absolutely everyone and their Granny (literally) is using it right now,

It’s amazing how they grew to 200mm users from 10mm.

From the financial perspective, there are two things that stand out:

1. They make Tesla’s valuation look good:

@engineer

The valuation is just out of this world - a $36 billion market cap company with a P/E of over 1,500x. Enterprise value/EBITDA (estimated) - also well over 1,000x. Revenue is just $600 million+ (not bad but…)

2. This:

@engineer

“One area I would warn people about for example is the virus stocks,” Chanos said on Thursday on CNBC’s Halftime Report. They are “doing well right now in this enforced lockdown. A lot of these companies are really not structurally growth stocks that are trading at 30, 40, 50 times earnings because they are going to do well in the first and second quarters of 2020.”

As with Uber, it’s a great app - if you’re a user. The app passes the toothbrush test (can I live without it?) but only for now. The barriers to entry are low. Uber is struggling financially. But it’s a great app from the user experience perspective.