Before the pandemic, Zoom was a small almost negligible company that no one knew about. Zoom CEO Eric Yuan is now worth almost $20 billion, up from $3 billion after the IPO. To understand how unlikely of success it was, Zoom went public in 2019 but still before the pandemic, Zoom peaked at just 10 million daily participants. In 2020, Zoom membership spiked from 10 million to 300 million. As a result, Tesla banked $566 million in profit, in 2020 alone and that’s on a whopping $17.2 billion in sales.

Source: Standard Digital January 05, 2021 21:00 UTC