Zooms IPO Values It At $9 Billion—And Mints New Cloud Billionaire Eric Yuan

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Zooms IPO Values It At $9 Billion—And Mints New Cloud Billionaire Eric Yuan
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Zoom CEO Eric Yuan is cloud's newest billionaire worth $1.9 billion after his video communications company raised $357 million in an IPO valuing it at more than $9 billion.

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That makes Yuan, who founded the company in 2011, cloud computing’s newest billionaire. Between his outstanding shares and options, Yuan still owns 22% of Zoom, the company revealed in a

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