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3 reasons why almost every VC investor passed on Zoom

3 reasons why almost every VC investor passed on Zoom Startups can learn a lot about fundraising from the mistakes made around Zoom 64 Philip Levinson Philip runs marketing for EdCast (VC-backed SaaS company), formerly served as a VP at Sapphire Ventures, and has published previous articles on Nike, Uber, ThredUp, and Cloudflare. Philip runs marketing for EdCast (VC-backed SaaS company), formerly served as a VP at Sapphire Ventures, and has published previous articles on Nike, Uber, ThredUp, and Cloudflare. We now live in a Zoom world. Since founding the now-iconic video-conferencing company in 2011, Eric Yuan has elevated Zoom to one of the most successful SaaS businesses in recent history. With 400,000 paying customers, $600+ million in quarterly revenue, and a market cap north of $100 billion, Zoom is ubiquitous in post-pandemic 2020. 

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