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Zoom earnings, remote work and a terrible but possibly bright moment for startups

It’s a bit gauche to talk about positive economic impacts of what may become a global pandemic, but the novel coronavirus hasn’t been bad news for every company.
Video conference provider Zoom appears to be one beneficiary; after going public in 2019, its share price rose from around $68 at the start of the year to $115 today. Why? As governments lock down cities and close borders — and companies and conferences shift to virtual for the time being — services like Zoom are well-positioned to see increased demand. (Indeed, Zoom announced today that it is rolling out select products to new territories after improving its free service in impacted regions.)
That Zoom’s shares have appreciated is perhaps not surprising.
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