Re:Why Zoom Chose Oracle
by Spooky23 on Thursday April 30, 2020 @11:49AM
(#23032162)
Plus, Oracle will end up acquiring them, it’s unlikely that Zoom will last as a long term standalone business.
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Zoom market cap 38.24B (70% more than Twitter), Oracle market cap 167.05B. Can’t last as a long term standalone business and has to be acquired by Oracle? Sounds like a pretty baseless claim.
Oracle has that much cash on hand, and the market cap is inflated by the COVID outbreak. That market cap could be $10B in a week.
Assuming that valuation will stay in place in the economic disaster that we find ourselves is a big leap.
Where are they going to pivot to?
Re:Why Zoom Chose Oracle
by quicklyfrozen on Thursday April 30, 2020 @02:16PM
(#23034129)
Won't =/= Can't
i.e. they may been seen as an attractive acquisition
Re:Why Zoom Chose Oracle
by MattGaiser on Thursday April 30, 2020 @01:22PM
(#23033379)
Zoom is profitable, so I do not see why.