Zoom Video Communications Inc. (NASDAQ: ZM) went public the week
of April 15, 2019 in a move that was closely watched by investors
gearing up for anticipated IPOs from Lyft, Uber, Pinterest and
other unicorn darlings.
In the weeks following its initial public offering, the video
conferencing software company has enjoyed a continued wave of
success on Wall Street. On its third day of trading, shares surged,
making Zoom more valuable than Lyft.
Zoom’s success can be attributed to a good product and
actual profitability (sorry, Uber and Lyft). Dig a little a deeper
and another factor emerges: The story of Eric Yuan, whose rise as
the CEO of Zoom shines a spotlight on the immigration journey and
the club he joins with other famous immigrants who have
successfully launched a business.
