on its side — making Zoom stand out in a landscape where tech companies often have redline-filled balance sheets as they go public.
When hiring, Yuan says the company cares more about whether candidates can build on the company culture and if they are willing to learn than the universities or companies the they come from. After all, if a company culture is broken, it can quickly cause a company to rot.Video conferencing company Zoom prices IPO at $36 per share, giving it a $9.
"For the first two minutes, they were surprised," Yuan said."They said, 'Wow I did not realize you can do that.' It's an awesome experience." What's more, Zoom has this philosophy: Employees should take a minute to think about how they're spending their own money and take two minutes to think about how they're spending the company's money. This frugal philosophy, Yuan and Steckelberg say, also helped make Zoom profitable.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer: Overvalued stocks like Pinterest, Zoom could lead to a market peak'The top of the market always comes when there is tremendous euphoria, and today we saw that euphoria in the two deals that went off hot,' Jim Cramer says. Is Cramer advocating investors to Abandon their positions in existing equities? blaha blah blah. 2 weeks ago he said Lyft IPO would be the end of the bull run.
Source: CNBC - 🏆 12. / 72 Read more »
Pinterest and Zoom IPOs: The stocks soar as they start tradingPinterest Inc.’s widely anticipated initial public offering drew a warm reception from investors Thursday. Shares of another technology IPO, Zoom Video Communications Inc., fared even better.
Source: latimes - 🏆 11. / 82 Read more »
Pinterest, Zoom shares surge in market debut after IPOsShares of Pinterest Inc surged 25 percent in their debut on Thursday, giving the...
Source: Reuters - 🏆 2. / 97 Read more »
Zoom Video IPO: 5 things to know about the videoconferencing companyZoom Video Communications Inc. in the coming week plans to join an already active season of initial public offerings as the videoconferencing company and is...
Source: MarketWatch - 🏆 3. / 97 Read more »
IPO market faces biggest week of 2019 so far with Pinterest, Zoom and Greenlane on tapThe initial public market is bracing for its biggest week of the year so far with eight deals on tap expected to raise $2.5 billion in proceeds.
Source: MarketWatch - 🏆 3. / 97 Read more »