I bought into Zoom video like so many others in late 2019, and then through 2020…a few investment services “promoted” (sometimes feels like another “P” word but I’d like to keep this post neutral) the stock as a great buy through its ups and downs, even near its all time highs, without actually taking into consideration it’s valuation, growth trajectory or how the alternatives were possible eating into its share.
$MSFT $GOOGL and other startups were all building great coworking and productivity tools, regardless of whether you’re remote or at the office.
Fyi -
Www.teamflowhq.com was one of them we tried but it never caught on due to the habits of my team.
**UPDATE - another one
www.preciate.com , great for virtual social gatherings or conferences with several tracks and breakouts.
Going forward, I’ll be more cautious in position sizing and checking valuations and euphoria (both upwards and downwards) when listening to recommendations.
$ZM has entrenched itself into enterprises, but it remains to be seen if it can be a “must have” platform of communication services. New product launches this quarter seem interesting but for the retail and SME, they don’t matter much. Here’s a recent article by zdnet that basically tells me that I don’t need a subscription…do you use Zoom, or just use the verb and use another tool?