Meet Zoom CEO Eric Yuan, Who's Made $12 Billion in the Pandemic.

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Eric S. Yuan is a Chinese-American billionaire businessman, engineer, and the chief executive officer and founder of Zoom Video Communications, of which he. Eric Yuan, a former Cisco engineer and executive, founded Zoom in , and launched its software in Zoom's revenue growth, and perceived ease-of-use.      

Eric Yuan Zoom CEO : Interesting facts about him no one knows - Yuan has worked in teleconferencing since he arrived in the United States.

 

With coronavirus restrictions forcing millions of Americans to adjust to life working from home, teleconferencing software company Zoom Video Communications has app become a household name. Yuan dreamed of leaving China to go to Silicon Valley, ever since he was a young man and heard Microsoft co-founder Bill Gates give a speech on the вот ссылка of the internet. Yuan spent over zoom app ceo years struggling with visa issues — he was rejected eight times in total, finally receiving a U.

He didn't speak English, but he knew how to write computer code, and he landed an engineering job with the videoconferencing software company WebEx.

Yuan became the tech giant's vice president of engineering, earning compensation in the "very high six-figures. Though his first couple of years at Cisco had been "great," he ap; noticing that, when he'd talk to Cisco Webex's customers about the video-conferencing product he'd helped build, he "did not see a single happy customer.

As a longtime software engineer with multiple patents related to real-time collaboration technology under his belt, Yuan felt that the evolution of smartphones and tablets created new opportunities for making mobile videoconferencing more accessible than ever. But byYuan realized that, if he wanted to make a product the way he wanted to do it, he'd have to leave the comfort of his high-paying executive job to strike out on his own.

He left Cisco and began developing his own videoconferencing software platform while looking for the funding he'd need to build a product and launch a new company. Why would you want to leave? So, zooom, that's soom a big zoom app ceo. The purpose of life is to pursue happiness, and I was not happy. Then what's the risk? Zoom launched its initial public offering in April in what became one of the year's most successful public debuts. Some Wall Street analysts argued last year that Zoom's stock is overvalued compared to the company's revenue.

After developing a beta version of Yuan's videoconferencing software and testing it with tech company clients around Silicon Valley, Zoom launched its first official product in It quickly became popular with business clients, with over 3, businesses using Zoom within five months of its launch.

Two years later, that number had quickly grown to roughly 65, companieswith over 40 million individual participants using Zoom's videoconferencing software. Part of the reason for that rapid adoption: Zoom offered a free product that people could use to stream video calls on their zoom app ceo devices zoom app ceo sync with traditional conferencing equipment in an office space. Zoom still offers its "basic" services for free, but business clients can pay for monthly subscriptions to get ce features and allow more participants to use the software.

Much of Zoom's early growth was organic; its entire marketing strategy at that time relied on "word of mouth" promotion, according to Yuan. Meanwhile, Yuan himself was even diving zkom customer service in some cases, by personally responding over посетить страницу to customers thinking about leaving the product. While Zoom is on an upswing since its successful IPO earlier zoom app ceo cso, the company's path has not been completely free of obstacles — evidenced by the brief backlash Zoom saw in July after a flaw in the company's meeting app became public.

Researchers found a security bug in the app that would have allowed hackers to gain access zoom app ceo Zoom video chat sessions taking place on a Mac computer, which tapped увидеть больше public fears regarding cybersecurity and privacy in the tech space.

Though Zoom quickly fixed the issue with a minor security patch, Yuan tells CNBC Make It the incident taught him a lesson about how important it is, as a tech leader, to quickly gather the facts and take action in any situation involving a potential security vulnerability.

Though Zoom has zoom app ceo seen a rapid ascent in the videoconferencing market and continues to face tough competition from larger rivals like Cisco to Google and MicrosoftYuan believes there's still plenty of room for zoom app ceo company to grow. In fact, he thinks Zoom can one day reach over a zoom app ceo individual users. So, given where we are now I would think we literally cel started. A Bill Gates speech inspired Zoom founder to start an internet business—now he's a billionaire.

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