Irresistible trend: new lifestlye created by ZM

The pandemic curve may be slowing, but anyone who’s a knowledge worker knows Zoom is essential. Teams is horrible. Even when the occasional office day arises, it’s still packed with Zoom calls all day. There’s no escaping the remote workforce. Our teams are geographically scattered. Even if you go in person it’s still a day full of Zoom calls. Even if your team uses Teams they still say “let’s jump on a Zoom.” When hosting important large events Zoom is more reliable, has far better audio/video than any other platform, breakout groups work as intended. Zoom might not be close to $500 right now, but this thing is way way oversold given their market position. The licenses are expensive and major organizations have embedded ZM into their operations. The pandemic might fade but it’s accelerated a sticky trend of hybrid working and we’ll never go back to the old days. Pandemic or not, ZM is here to stay. I’d type more but have to jump on another Zoom call. Earnings on Monday, bottom is here, back up the truck.

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