Posts filtered by tags: Eric Yuan[x]


 

Immigrant founders, smartphone growth, SEO tactics, SoftBank’s financials, and AR tech

How an immigration crackdown is hurting UK startups Our European correspondent Natasha Lomas spent the past few weeks investigating what’s been happening to immigrant founders and tech talent in the UK, who have been receiving more scrutiny from the Home Office in recent months. Natasha zooms in on Metail, a virtual fitting room startup, and its tribulations with the immigration authorities and the damage those action are having on the broader ecosystem: The January 31 decision letter, which Te...
Tags: Apple, Amazon, Startups, TC, UK, Softbank, Samsung, Home Office, Alex, Zoom, Natasha, SoftBank Group, Natasha Lomas, Brian Heater, SoftBank Vision Fund, Eric Yuan


Startups Weekly: There’s an alternative to raising VC and it’s called revenue-based financing

Revenue-based financing is on the rise, at least according to Lighter Capital, a firm that doles out entrepreneur-friendly debt capital. What exactly is RBF you ask? It’s a relatively new form of funding for tech companies that are posting monthly recurring revenue. Here’s how Lighter Capital, which completed 500 RBF deals in 2018, explains it: “It’s an alternative funding model that mixes some aspects of debt and equity. Most RBF is technically structured as a loan. However, RBF investors’ r...
Tags: Amazon, Lyft, Europe, China, Israel, Tech, SEC, Silicon Valley, Jawbone, Accel, Alex Wilhelm, Danny Crichton, Ingrid Lunden, Rbf, Lighter Capital, Hosain Rahman


Under the hood on Zoom’s IPO, with founder and CEO Eric Yuan

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kate Clark sat down with Eric Yuan, the founder and CEO of video communications startup Zoom, to go behind the curtain on the company’s recent IPO process and its path to the public markets. Since hitting the trading desks just a few weeks ago, Zoom stock is up over 30%. But the Zoom’s path to becoming a Silicon Valley and Wall St...
Tags: Fundings & Exits, Startups, TC, Uber, Apps, Video, Enterprise, Finance, Ipo, Funding, Tech, Artificial Intelligence, Venture Capital, Virtual Reality, Silicon Valley, Augmented Reality


The CEO behind the smash-hit PagerDuty IPO says that she looked at 51 other chief exec roles before she chose to lead the $3.9 billion company (PD)

PagerDuty CEO Jennifer Tejada looked at 51 CEO roles before deciding to lead PagerDuty, a company that helps software developers team up to tackle software outages and other problems.  Earlier in April, PagerDuty went public in a very successful IPO, and it's now valued at nearly $4 billion. In PagerDuty's early days, investors passed on the idea of a company focused on developers, but many users have since told Tejada that they won't do their job without PagerDuty. Some engineers have even sa...
Tags: Microsoft, Ipo, Satya Nadella, Toronto, San Francisco, Trends, Silicon Valley, New York Stock Exchange, Cto, Don, Solomon, PagerDuty, Tejada, Thoma Bravo, Eric Yuan, Jennifer Tejada


Zoom, housing affordability, Mailchimp, Yext, and Uber

Conference call with CEO Eric Yuan of newly-IPOd Zoom Since we first started Extra Crunch three months ago (my, time flies), we’ve been offering members live conference calls with our reporters. This week, we are trying something new and bringing a guest aboard. TechCrunch’s SF-based startup and venture capital reporter Kate Clark is going to talk today with Eric Yuan, who founded video conferencing startup Zoom that just went public last month, making Yuan a very happy man. Come armed with ...
Tags: Lyft, Uber, Housing, Tech, Mailchimp, Yuan, Zoom, Yext, Eric Yuan, Kate Clark, Luckin Coffee, The Extra Crunch Daily, Mailchimp Yext, Arman Tabatabai Instructions, Dan Wu


An early investor in Zoom, one of the best performing IPOs of 2019, almost passed on the deal. Here's what he learned. (ZM)

Patrick Eggen led the early stage corporate venture fund at Qualcomm when he was introduced to Eric Yuan, founder and CEO of Zoom. Eggen and his team were hesitant to back Zoom because the company wasn't profitable and the round was tied to an $18 million valuation, Eggen told Business Insider. According to Eggen, Yuan's commitment to building the business and his efficient approach to fundraising convinced Eggen to invest just 48 hours after meeting at a local coffee shop. Qualcomm Ventures u...
Tags: Google, Microsoft, Trends, Qualcomm, Yuan, Qualcomm Ventures, Eric, Eggen, Patrick Eggen, Eric Yuan, Eggen Yuan, Business Insider Yuan, Pinterest PagerDuty Lyft Uber, Eric Eggen


Looking back at Zoom’s IPO with CEO Eric Yuan

Since the launch of its IPO in mid-April, Zoom stock has skyrocketed, up nearly 30% as of Monday’s open. However, as the company’s valuation continues to tick up, analysts and industry pundits are now diving deeper to try and unravel what the company’s future growth might look like. TechCrunch’s venture capital ax Kate Clark has been following the story with a close eye and will be sitting down for an exclusive conversation with Zoom CEO Eric Yuan on Wednesday at 10:00 am PT. Eric, Kate and E...
Tags: Social, TC, Apps, Media, Developer, Advertising Tech, Events, Tech, Kate, Initial Public Offering, Zoom, Eric, Conference Call, Eric Yuan, Kate Clark, Extra Crunch Conference Call


Instagram is mulling a new feature that would hide from others how many likes you get on your posts (FB)

Instagram is testing a change to the app where the number of likes on your posts would be hidden to everyone besides yourself. Reverse engineer Jane Manchun Wong discovered the unreleased feature, and posted screenshots to Twitter. An Instagram spokesperson says the feature isn't being tested "at the moment," but the company is always considering " ways to reduce pressure" on the app. Visit BusinessInsider.com for more stories. Instagram may be considering a major change to the app tha...
Tags: Instagram, Trends, Jeff Bezos, Jack Dorsey, Dorsey, Wong, Eric Yuan, Jane Manchun Wong, Twitter Comms, Twitter An Instagram


Zoom's stock soared in the video-conferencing company's public trading debut, making CEO Eric Yuan a billionaire (ZOOM)

Zoom, a video-conferencing company, went public Thursday and began trading on the Nasdaq. Shares jumped 72% on its opening day, putting the company's valuation at nearly $16 billion. Zoom CEO Eric Yuan owns , which makes Yuan one of the newest tech billionaires. The CEO of video-conferencing company Zoom is the newest member of an elite class of tech billionaires that include names like Bill Gates, Mark Zuckerberg, and Jeff Bezos. CEO Eric Yuan was made a billionaire Thursday on Zoom's first...
Tags: China, US, Trends, Cisco, Jeff Bezos, Yuan, Cnbc, Business Insider, Zoom, Samsung Galaxy, Bill Gates Mark Zuckerberg, Eric Yuan, Nasdaq Shares, CEO Eric Yuan, Thursday Yuan, IPO Yuan


Video conferencing company Zoom soared 81% in its first day of public trading — now its CEO and CFO are focusing on these 3 goals (ZM)

Zoom went public on Thursday, and shares soared 81% on its first day of trading. Zoom now has three goals: obtaining more enterprise customers, expanding to international markets, and promoting its new Zoom Phone product. Zoom CEO Eric Yuan and CFO Kelly Steckelberg talked with Business Insider about how Zoom's viral nature and a frugal company philosophy helped the $9.2 billion company become profitable. When video conferencing company Zoom went public on Thursday, shares skyrocketed 81% ...
Tags: California, Trends, Cisco, Hawaii, Skype, Yuan, San Jose California, Kelly Steckelberg, Eric Yuan, Steckelberg, Google Hangouts Microsoft, WebEx But Yuan


$9.2 billion Zoom's second most powerful shareholder thinks CEO Eric Yuan is like Steve Jobs, but nicer (ZM)

Zoom started trading publicly on Thursday after pricing its IPO at a $9.2 billion valuation. The IPO was a boon for CEO Eric Yuan, who owns much of the company and holds nearly 20% of the voting power. The second most powerful investor is Emergence Capital Partners, a venture capital firm that once backed Salesforce and Box. We spoke to Emergence partner Santi Subotovsky about what sparked his interest in Zoom, and why Yuan reminds him of Apple cofounder Steve Jobs — only a nicer version. Visi...
Tags: Apple, New York, Microsoft, Steve Jobs, Ipo, Trends, Argentina, Yuan, Bosch, Eric, Peterson, Emergence Capital Partners, Santi Subotovsky, Eric Yuan, Becky Peterson, Salesforce Box


Zoom soars 81% in its trading debut (ZM)

Zoom Video Communications began trading on the Nasdaq on Thursday. Shares jumped 81% as they hit the public market. Setting it apart from other unicorns, or private companies worth more than $1 billion, Zoom is profitable. Visit MarketsInsider.com for more information about Zoom. Zoom Video Communications Inc.'s stock jumped 81% in its debut to the public market on Thursday. Shares of the video conferencing-company began trading on the Nasdaq at $65 apiece. Zoom had priced its initial pu...
Tags: Pinterest, Trends, Nasdaq, WebEx, Eric Yuan, Zoom Zoom Video Communications Inc


Zoom — a profitable unicorn — is set to make its stock-market debut

Zoom Video Communications is set to begin trading on the Nasdaq on Thursday. The video-conferencing company priced its initial public offering at $36 a share, that this week amid high demand. Setting it apart from other unicorns, or private companies worth more than $1 billion, Zoom is profitable. Visit MarketsInsider.com for more information about Zoom. Zoom Video Communications Inc. is set to begin trading on the Nasdaq on Thursday. The video conferencing-company priced the initia...
Tags: Trends, Nasdaq, WebEx, Eric Yuan, Zoom Video Communications, Zoom Zoom Video Communications Inc


Video conferencing company Zoom prices IPO at $36 per share, giving it a $9.2 billion valuation — 9 times its last private valuation

Video communication company Zoom priced its IPO at $36 per share on Wednesday, according to a source familiar with the process. This values Zoom at $9.2 billion, up from its last private valuation of $1 billion. The company is expected to start trading Thursday on Nasdaq under the ticker "ZM." The video communication company Zoom priced its IPO at $36 per share on Wednesday, above its expected range,  a source familiar with the process told Business Insider. This values the company at $9.2 bi...
Tags: Google, Pinterest, Ipo, Trends, Cisco, New York Stock Exchange, Cnbc, WebEx, Eric Yuan, WebEx Yuan


Zoom addresses CFO’s past workplace conduct ahead of IPO

Zoom, the only profitable unicorn in line to go public, priced its initial public offering at between $28 and $32 per share Monday morning. The video conferencing business plans to trade on the Nasdaq under the ticker symbol “ZM.” Zoom, valued at $1 billion in 2017, initially filed to go public in March. According to its amended IPO filing, the company will raise up to $348.1 million by selling 10.9 million Class A shares. The offering will grant Zoom a fully diluted market value of $8.7 bill...
Tags: Fundings & Exits, Startups, TC, Ipo, Cisco, Ceo, Companies, Telecommunications, Venture Capital, Jp Morgan, Goldman Sachs, Vice President, Sequoia Capital, Morgan Stanley, Zoosk, Yuan


Zoom, a profitable unicorn, files to go public

Zoom, the video conferencing startup valued at $1 billion in early 2017, has filed to go public on the Nasdaq as soon as next month. The company joins a growing list of tech unicorns making the leap to the public markets in 2019, but it stands out for one very important reason: It’s actually profitable. Zoom was founded in 2011 by Eric Yuan, a co-founder of WebEx, which sold to Oracle for $3.2 billion in 2007. Before launching Zoom, he spent four years at Cisco as its vice president of engine...
Tags: Fundings & Exits, TC, Venture Capital, Cisco, Cisco Systems, Emergence Capital, Eric Yuan, Goldman Sachs, Jp Morgan, Morgan Stanley, Oracle, Sequoia Capital, Telecommunications, Unicorn, Video, Video Conferencing


Report: Zoom, the video conferencing company, may be a public company as early as April

The video conferencing company Zoom is aiming to file a public S-1 by the end of March, according to a new report in Business Insider that adds the company could go public as soon as April. Business Insider reported last month that Zoom had filed confidentially with the SEC to go public, just months after Reuters reported that the San Jose, Ca.-based company had chosen investment bank Morgan Stanley to lead its eventual IPO. We’ve reached out to the company for comment. Zoom was valued at $1 bil...
Tags: Startups, TC, China, Cisco, United States, SEC, Silicon Valley, San Jose, Morgan Stanley, Jerry Yang, Yuan, Glassdoor, Reuters, WebEx, Dan Scheinman, Eric Yuan


Why your startup shouldn’t rush to $1 million in revenue

Martina Lauchengco Contributor Share on Twitter Martina spent over 20 years as a marketing and product executive building and crafting strategies for market-defining software like Microsoft Office and Netscape Navigator. As an operating partner at Costanoa Ventures, she sits on multiple boards and advises companies on all things go-to-market. She also teaches at the UC Berkeley graduate school of engineering. ...
Tags: Startups, TC, Column, Tech, Customer Experience, Quora, Reddit, Microsoft Office, ARR, Martina, PagerDuty, WebEx, Eric Yuan, Costanoa Ventures, Costanoa Ventures Jim, Janine Pelosi Zoom


Video conferencing company Zoom readies IPO, say sources: Reuters

Zoom Video Communications Inc, a conferencing company started by an early engineer at collaboration software maker Webex, is preparing for an initial public offering (IPO), people familiar with the matter said on Friday. Zoom is aiming to be valued in the IPO at several billion dollars more than the $1 billion valuation it achieved in its most recent funding round in 2017, when it received $100 million from venture capital firm Sequoia, the sources said. San Jose, California-based Zoom has asked...
Tags: Ipo, Trends, Cisco, IPOs, Silicon Valley, Morgan Stanley, Sequoia, Zoom, Reuters, San Jose California, Cisco Systems Inc, WebEx, Morgan Stanley MS N, Goldman Sachs Group Inc GS N, Cloudflare Inc, Eric Yuan


The founder who sold Wunderlist to Microsoft is back with a new startup that competes directly with PowerPoint

A founder who sold his last startup to Microsoft has raised $19 million for a new company... that competes directly with Microsoft. Berlin founder Christian Reber has raised the cash from Index Ventures and other backers for Pitch, a presentation software startup that will rival Microsoft PowerPoint. Reber was previously chief executive of Wunderlist, a popular productivity app that sold for up to $200 million to Microsoft in 2015. Reber quit in late 2017 after difficulties integrating Wunderl...
Tags: Apple, Microsoft, Berlin, Trends, Pitch, Samsung Galaxy Note, Index Ventures, Wunderlist, BlueYard, Eric Yuan, Christian Reber, Reber, Jan Martin, Microsoft Berlin, Misha Karpenko Reber, Slack Reber


The Top Tech Events You Need To Attend For Your Business This Year

The UK is one of the leading countries in the world when it comes to technology and in 2017, the tech sector saw a record amount of investment at nearly £3 billion. This was almost double the amount that was spent in the previous year. At a time of great uncertainty and with Brexit looming in the background, this just goes to show how powerful and infallible the tech industry is. As the tech industry continues to evolve at a rapid pace, 2018 promises to be another massive year. Tech events are g...
Tags: Europe, UK, Technology, London, Australia, America, Fun, Edinburgh, Lifehacks, Brexit, Heathrow London, Des Traynor, Eric Yuan, London Tech Week, Manchester Central Convention Complex, London Tech Week London


Zoom brings a dash of augmented reality and artificial intelligence to meetings in latest release

 At Zoomtopia, Zoom’s very first user conference this week, the company announced a series of enhancements to its popular meeting software including the introduction of augmented reality meetings, automated intelligent transcripts and full integration with several partners including Slack and Workplace by Facebook. Let’s start with AR. While it’s a limited feature for now, it… Read More
Tags: TC, Cloud, Tech, Artificial Intelligence, Virtual Reality, Online Meetings, Zoom, Facebook Let, Speech To Text, Eric Yuan


This Silicon Valley company just got $3.3 million so everybody can learn from the CEO's past mistakes

Plato is a startup that connects programmers and engineers with mentors from companies like Amazon, Facebook, and Lyft. Plato just raised $3.3 million from SaaStr's Jason Lemkin, Slack, and others.  Plato was born out of the founders' own inexperience managing a team the first time they tried releasing a product.  In 2014, Quang Hoang and two of his classmates at the Paris-area university  École Polytechnique  decided to pursue their entrepreneurial dreams by forming a startup called Birdly.  ...
Tags: Trends, Paris, Peter Thiel, Silicon Valley, Slack, Jason Lemkin, San Francisco Bay Area, Plato, Hoang, Lemkin, Google Amazon and Facebook, Birdly, Quang Hoang, Mark Zuckerberg Jeff Bezos Bill Gates, Silicon Valley Right, Eric Yuan


The 52 most powerful people in enterprise tech in 2017

Businesses spend a huge wad of cash every year on tech. They'll dole out $3.5 trillion in 2017 alone, according to Gartner. 2017 has seen a dramatic increase in cloud spending and the rise of new technologies in the work place like artificial intelligence and the Internet of Things. It's seen a crop of new public companies, and some startups that are leading the way in their areas. At the same time, powerhouses like Cisco, Oracle and Microsoft still dominate their respective markets. And w...
Tags: Apple, Google, Microsoft, Trends, Cisco, NG, Gartner, Baidu, EMC, Vmware, WebEx, Mee, Maritz, Andrew Ng, Eric Yuan, Deeplearning


Activation of tumor suppressor protein PP2A inhibits KRAS-driven tumor growth

Targeted cancer therapies, which act on specific cancer-associated molecular targets, are predominantly inhibitors of oncogenic kinases. While these drugs have achieved some clinical success, the inactivation of kinase signaling via stimulation of endogenous phosphatases has received minimal attention as an alternative targeted approach. Here, we have demonstrated that activation of the tumor suppressor protein phosphatase 2A (PP2A), a negative regulator of multiple oncogenic signaling proteins,...
Tags: SMAP, KRAS, Wenqing Xu, Blake Smith, Eric Yuan, Jaya Sangodkar, Abbey Perl, Rita Tohme, Janna Kiselar, David B. Kastrinsky, Nilesh Zaware, Sudeh Izadmehr, Sahar Mazhar, Danica D. Wiredja, Caitlin M. O’Connor, Divya Hoon


Check out hottest Bay Area startups funded in Q1

Eric Yuan, who left Cisco Systems five years ago to start Zoom Video Communications, didn't want to talk much about his company's valuation when he announced it raised $100 million in January. Perhaps he was being too modest. A ranking provided by PitchBook Data shows that the actual amount raised rose to $115 million. That is a 343 percent jump in value for the San Jose video conferencing business, the biggest leap in a major funding in the region last quarter. The photo gallery with this sto...
Tags: San Jose, Cisco Systems, Bay Area, PitchBook Data, Eric Yuan, Zoom Video Communications