A Bill Gates speech inspired Zoom founder to start an internet business—now he's a billionaire

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Zoom founder dreamed of coming to US after hearing Bill Gates speak — now he's a billionaire via CNBCMakeIt

When Eric Yuan was in his early 20s, he heard a speech from then-Microsoft CEO Bill Gates about the promise of the internet, and Yuan decided he wanted to move from China to the US to be a part of the Silicon Valley tech boom.

In an interview with GGV Capital last year, Yuan simply remembers that he was"inspired by this speech" that Gates delivered in Japan on the future of the internet, which was then not yet as ubiquitous as it is today. After listening to Gates, Yuan realized that the internet would be his future as well, and he decided to move to the US to work in the burgeoning tech industry.

Yuan rose through the ranks to become Cisco's vice president of engineering before leaving the company in 2011 to launch Zoom. While founding his current company eight years ago, Yuan says he thought back to his daydreaming train rides in China and realized his idea had come full circle.

 

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MakeIt Let me take you by the hand thru streets of Shanghai where there are just as many home grown US$ billionaires in China.

MakeIt He didn’t emigrate illegally, did he?

MakeIt and his company sells at 24 times sales. that should be illegal, but whoever bought at market prices today, deserves to lose 80% of their money

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