Welcome to the new work-from-home family life:
conducted, increasingly, over Zoom. As the coronavirus ravages the planet,
leading to quarantined cities, states sheltering in place and schools and
universities closing down worldwide, Zoom has emerged as one of the leading tools to
keep businesses up and running, students learning and people
connected through virtual birthday parties, happy hours and yoga classes
With a net worth of $5.5 billion and one of the richest self-made newcomers on
this year’s World’s Billionaires list (out April 7)—Eric Yuan
is helping millions survive social distancing and remote work by giving away
his videoconferencing tool for free. The move has earned him much
respect, and when the pandemic has passed, his business will likely be stronger
than ever.
But in the midst of a global crisis, can his app withstand a 610% spike
virtually overnight and the scrutiny of privacy and security researchers,
watchdogs and government officials?
“The most interesting and most challenging thing about this new look into Zoom
has been how fast the story keeps moving,” says Alex
Konrad, senior editor covering venture capital and cloud companies.
“Reporting has been unpredictable, exhausting, but rewarding to hear directly
from the source during such a historic and complicated moment. It speaks to the
double-sided nature of overnight success and fame, and how a leader responds
in times of great strain and scrutiny, both good and bad.”
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