Zoom's Lightning-Fast Ascent to $100 Billion Made Big Acquisitions a Sudden Priority
By Shannon in Technology
Updated 3 years ago
Zoom soared past $100 billion in market cap without ever doing a significant acquisition or finding a second meaningful source of revenue. The company's planned $14.7 billion purchase of Five9 is the first indication that it's willing to use its inflated market cap on big deals. "It allows them to...