$MSFT Teams vs $ZM
According to $MSFT earnings call, Microsoft Teams is taking market share. While they didn't single out $ZM, this can't be a good sign for Zoom.

Conor's avatar
GREAT find! I have seen anecdotally at least 10 other people confirm this as well.
Young Money Capital's avatar
@conorvalue thank you!
Conor Mac's avatar
@conorvalue Agreed, great find. I don't follow MSFT too closely.
Nathan Worden's avatar
Zoom was the competitive pressure and market validation that Microsoft needed to invest meaningfully in work tools like video calling.