INSUBCONTINENT EXCLUSIVE:
The friendly videoconference tool wasn't an overnight consumer sensationZoom, a video chat service then popular with corporations, filed to
go public on March 22, 2019
Best known in venture and corporate circles, Zoom was far from a household name at the time
However, the groundwork for its 2020-era consumer breakthrough during the novel coronavirus epidemic was detailed during its IPO march in
filing that its name took on new prominence; here was a quickly growing software as a service (SaaS) business that was posting profits at
even before its shares began to trade.Investors certainly recognized this was a rarity among SaaS companies, sending its IPO share price up
And it did so while making money, helping set the financial stage for its prominence today.Product history
