The story of Zoom Video - More upside ahead
Updated
No, it isn't too late. Zoom Video has lower barrier of entry for business to conduct webinar or video conferencing.
In this climate of COVID 19, the use case for video conferencing will soon eliminate the need to rent a place to conduct meetings or seminars.
Although live meetings and seminars are still preferred but look at the costs of the following:
1. Cost to rent a place and logistics
2. Cost to distribute printed materials
3. Cost to hire manpower (ushers, security)
This can be substituted while businesses are forced to digitalised by using Video Conferencing at lower cost.
The reason while this is still a buy is because it takes time for businesses to adopt and change their work processes into conducting their meetings and seminars via Video conferencing, with HUGE COST SAVINGS and elimination of time and cost needed for travelling.
In this climate of COVID 19, the use case for video conferencing will soon eliminate the need to rent a place to conduct meetings or seminars.
Although live meetings and seminars are still preferred but look at the costs of the following:
1. Cost to rent a place and logistics
2. Cost to distribute printed materials
3. Cost to hire manpower (ushers, security)
This can be substituted while businesses are forced to digitalised by using Video Conferencing at lower cost.
The reason while this is still a buy is because it takes time for businesses to adopt and change their work processes into conducting their meetings and seminars via Video conferencing, with HUGE COST SAVINGS and elimination of time and cost needed for travelling.
Note
Watch Price Level @ $140 around May 2020.Elon Musk is suing Zoom for leaking information.
Market Macro Outlook:
Keeping Cash as protection against uncertainty ahead;
Liquidation is happening on all asset class.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.