One small but important point to correct: several posts on this thread with high number of recs are suggesting that Zoom’s revenue is “$250 million or less”, putting them at a 67X revenue multiple. That is simply not accurate.
According to Zoom’s S1: they’ve done $330M in the last 12 months and are an implied run rate of $423 in ARR based on the most recent Q (https://www.sec.gov/Archives/edgar/data/1585521/000119312519…).
This puts them at about 38X revenue - not all that much more than Zscaler & Zoom is larger, growing faster, and already profitable.
humbly,
nat