Zooms IPO Values It At $9 Billion—And Mints New Cloud Billionaire Eric Yuan - News Summed Up

Zooms IPO Values It At $9 Billion—And Mints New Cloud Billionaire Eric Yuan


Zoom founder Eric Yuan is a billionaire with a net worth of $1.9 billion after Zoom's IPO valued the company at more than $9 billion in April. ZoomOne of tech’s more surprising entrants in the 2019 unicorn IPO blitz, Zoom, has minted cloud computing's newest billionaire in CEO Eric Yuan. Between his outstanding shares and options, Yuan owns 22% of Zoom, the company revealed in a regulatory filing in March. “It’s a dream coming true to be a public company,” Yuan says. According to Yuan, Zoom went public as part of a strategy to win more large customers in upcoming months.


Source: Forbes April 18, 2019 12:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */