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WORK - Zoom: Why I Am Ignoring The Sky-High Valuation
Slack Technologies Inc. Class A
Zoom Video Communications (ZM) is currently on a bullish run despite weeks of unrelenting scrutiny over privacy, security, and its ability to monetize the scores of new users who flocked its online meetings service in March. Coronavirus lockdowns came into force in most countries around the world last month, compelling millions of people to turn to digital technologies that support working and studying from home. This led to explosive demand for video teleconferencing services such as Zoom, Microsoft's (MSFT) Teams and Skype, WebEx from Cisco Systems (CSCO), GoToMeeting and GoToWebinar by LogMeIn (LOGM), among many