The History Of Eric Yuan’s Zoom – Yuan has worked in teleconferencing since he arrived in the United States.
The coronavirus crisis has eliminated millions of Americans’ sources of income , but not Eric Yuan’s. Yuan is the founder of video conferencing app Zoom.
Even before the outbreak of the coronavirus forced people to work and socialize primarily online , Zoom’s share price grew exponentially. He also now officially ranks on the Forbes , making him one of the richest people in the US. Yuan declined to comment on his net worth , career, or personal life when reached by Business Insider in April, saying through a representative that he was busy working hour days at Zoom. Yuan’s parents were mining engineers, according to Forbes.
Yuan has an undergraduate degree in applied mathematics and a master’s degree in engineering, Bloomberg reported.
Yuan spent four years working in Japan after graduation but was inspired to move to California’s Silicon Valley to work for an internet startup after listening to Bill Gates give a speech about the dot-com bubble, according to Bloomberg. The United States denied Yuan’s visa application eight times before allowing the future billionaire to move to California in , Fortune reported.
Yuan was 27 at the time, according to CNBC. Yuan told The Financial Times that he had a disagreement with the immigration official who processed his application. Playing pick-up soccer was one of Yuan’s only hobbies during that time, according to Forbes. Before founding Zoom , Yuan was a vice president at telecommunications equipment company Cisco Systems. Yuan worked for another videoconferencing company called WebEx that was acquired by Cisco in Back when he still lived in China, Yuan and his girlfriend were enrolled in two different colleges that were separated by a hour train ride, according to Fortune.
The two later got married. The experience gave Yuan the idea to incorporate video into telephone-based conferencing systems like Cisco’s, Bloomberg reported. Yuan also wanted to make a more user-friendly conferencing system that was fun to use, according to CNBC.
Zoom is known for its virtual backgrounds , which allows users to make it appear as if they are on the beach or in front of the Golden Gate Bridge. Yuan pitched Cisco a new, smartphone-friendly video conferencing system in , The Financial Times reported. When his bosses shot him down, Yuan left Cisco to found Zoom. Three years after I left, they realized what I said was right.
Yuan also couldn’t convince any investors to back his new venture, so he borrowed money from friends and family to launch Zoom, according to The Financial Times. Yuan’s own wife initially questioned his decision to leave Cisco, Forbes reported. I wrote back that the email was indeed from me, and that it wasn’t generated by one of our marketing tools.
He still didn’t believe me, so I wrote back again and offered to meet him on a Zoom call right that minute to prove it was me writing the emails. That call never did take place, but he stopped accusing Zoom of being dishonest!
Yuan lives by the motto «Hard work and stay humble,» according to The Financial Times. Yuan is now ranked No. Before , he wasn’t even on the list. Yuan’s skyrocketing net worth also earned him a spot on the Forbes , the magazine’s annual ranking of the wealthiest people in America, for the first time in Yuan is No. Zoom ‘s rising public profile led to increased scrutiny from the New York Attorney General’s office over its data privacy practices.
Public Zoom calls have dealt with trolls joining and sharing graphic images, and online classes have faced people hijacking a meeting, in a phenomenon called «Zoom bombing. We appreciate the New York Attorney General’s engagement on these issues and are happy to provide her with the requested information. Yuan apologized for the problems in a blog post in April, writing «We did not design the product with the foresight that, in a matter of weeks, every person in the world would suddenly be working, studying, and socializing from home.
He added : «We recognize that we have fallen short of the community’s — and our own — privacy and security expectations. For that, I am deeply sorry, and I want to share what we are doing about it. Yuan announced a series of measures to help make Zoom more secure, including bringing in outside experts, expanding the company’s «bug-bounty program» in which tech companies offer cash rewards to ethical hackers who find issues with the company’s security system , and holding weekly conferences to update people on the company’s progress.
Source: Business Insider. Yuan was highly involved in his oldest son’s basketball career, the younger Yuan’s former coach told CNBC in This guy didn’t only go to the games, but he was at the practices. Yuan did occasionally take meetings on Zoom while attending his son’s games, however.
The couple has two sons and a daughter, according to Bloomberg. The family lives in Saratoga, California, The Telegraph reported. Yuan now uses Zoom for almost all his meetings and tries to limit business trips to two a year in order to spend more time with his family, according to The Financial Times.
He is also conscious of airplane travel’s impact on climate change, The Telegraph reported. Yuan shares an office in Zoom’s headquarters with chief product office Oded Gal, Forbes reported. Yuan does drive a Tesla, however, according to Forbes. And Tesla is one of Zoom’s customers. Money is not going to bring me happiness.
Yuan told The Telegraph that he is more excited by the possibility of convincing more people to embrace remote work. Coronavirus is just a catalyst. Sooner or later this is going to be normal because the world does not belong to us anymore, it belongs to the younger generation.
Keep reading. US Markets Loading H M S In the news. Executive Lifestyle. Taylor Nicole Rogers. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word «in». LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link.
It symobilizes a website link url. Copy Link. Yuan got the idea for Zoom while trying to find a way to connect with his long-distance girlfriend. The year-old billionaire’s net worth jumped Even before the pandemic brought international travel to a halt, Yuan almost never took work trips.
He insisted on taking Zoom calls with clients so he could spend more time with his kids. Visit Business Insider’s homepage for more stories. Yuan has worked in teleconferencing since he arrived in the United States. Yuan initially struggled to find support for his video conferencing startup. During Zoom’s early days, the former engineer was involved in every part of the business — including customer service.
Yuan became a billionaire after Zoom’s initial public offering in April Yuan is popular with Zoom’s employees. The pandemic-inspired work from home boom hasn’t been all smooth sailing for Zoom, however.
Reports have also surfaced that Zoom didn’t use end-to-end encryption for its video meetings and had leaked thousands of users’ email addresses to strangers. Despite his busy schedule, Yuan is a committed father.
Yuan lives in a wealthy Silicon Valley suburb with his wife and their three kids. Yuan almost never travels. Unlike many other members of the three-comma club, Yuan doesn’t live a flashy lifestyle. While Yuan says his newfound wealth doesn’t particularly excite him, he is eager to see what he hopes will be a permanent change in the way we work. Deal icon An icon in the shape of a lightning bolt.
Loading Something is loading. Email address. Billionaire Zoom Eric Yuan coronavirus Tech.
– Eric Yuan – Wikipedia
Eric founded Zoom in to deliver happiness and bring people together in a frictionless video environment. Inhe was recognized in the Bloomberg 50 as a leader changing the game in global business.
Prior to founding Zoom, Eric was corporate vice president of engineering at Cisco, where he was responsible for Cisco’s collaboration software development. Eric was also one of the founding engineers and vice president of engineering at Webex. Aparna brings to Zoom an expertise in building operations and infrastructure for rapidly growing technology companies.
She serves as our Chief Operating Officer. Prior to this, she was our Chief Legal Officer. Janine joined Zoom in March as Head of Marketing and built its marketing organization from scratch.
Janine brought over 15 years of strategic marketing experience to Zoom, with an in-depth knowledge of SaaS business models. Prior to joining Zoom, Janine led the worldwide zoom app ceo generation function for the collaboration business unit at Cisco. She built successful teams and transformative programs at both Webex pre-acquisition and Cisco, garnering a deep knowledge of both eCommerce and direct sales go-to-market models.
Velchamy was also responsible for helping VMware zoom app ceo to SaaS and the development of all business applications at VMware. Velchamy is on the board of Bellus3D.
Kelly is a board zoom app ceo and Audit Committee Chair for Qualtrics. Abhisht heads Corporate Strategy at Zoom including key growth initiatives and strategic planning.
He spent over 20 years at Microsoft in senior business and product leadership roles including those at Xbox, Bing, Windows, Office, and Surface. He has a successful track record of delivering product innovation zoom app ceo customers such as the creation of Xbox Game Pass, and driving step function usage and revenue growth at Bing and Xbox Live.
Abhisht has managed scale platform businesses with multi-sided ecosystems across diverse business models of advertising, subscriptions, transactions, licensing, and device sales. Nick has an extensive background in technology, market development, product strategy, and pursuit of customer satisfaction. He led business incubation, technology acquisition and go-to-market strategy. Shane Crehan is the Chief Accounting Officer at Zoom and brings a wealth of experience zoom app ceo technology, fintech, and financial services.
He previously spent eight years at Facebook in multiple roles, including as Head of International Finance ozom Global Finance Operations. He lives in Menlo Park ozom enjoys skiing, hiking, and reading.
Oded is responsible for leading Zoom’s Product Management. He brings more than 15 years of product experience to the Zoom team, providing in zoom app ceo knowledge вот ссылка video-centric zooj and hands-on experience in building large-scale, cloud-based services. Before joining Zoom, Oded held leadership positions in video conferencing and unified communications product management. Oded has also cfo as Director of Business Development at Radvision. Lynn is an expert in governance and compliance for multinationals, privacy law, and U.
From throughLynn was an Assistant U. At EDVA, Lynn served as Deputy Chief of the National Security and Ap Crime Unit, where she supervised and prosecuted terrorism, international drug trafficking, export and sanctions, zooom, and various other national security cases. Brendan leads technology strategy and innovation at Zoom. Prior to Zoom, Brendan worked as both a contractor and a Department of Defense zoom app ceo employee in the federal sector, creating, implementing, and supporting various global identity management systems.
In that role he combined his business and technology background on special projects, including helping to revolutionize payments without disrupting the way payment systems work. Jason Lee is the Chief Information Security Officer at Zoom with 20 years of experience in technology, with a specialization in information security and operating mission-critical services.
He was recently the Senior Vice President of Security Operations at Salesforce where he was accountable for the global organization delivering critical end-to-end security operations to customers and employees including company-wide network and system security, incident response, threat intel, data protection, vulnerability management, intrusion detection, zoom app ceo and access management, and the offensive security по этому сообщению. He was also the Senior Director of Developer Services where he was responsible for the design and management of the mission-critical PKI for all products zoom app ceo Microsoft.
Additionally, Jason was responsible for the codesigning ziom anti-malware services supporting Microsoft in that role. He brings with him over two decades of experience in the HR field, serving most recently as Vice President of People Operations at Meta, where he helped develop the strategic people roadmap and led zoom app ceo delivery of programs and services supporting significant increases in headcount and company growth.
He has an academic background in Engineering and Business Administration. Jeff True has over zzoom years of experience how do i an older version of and scaling legal departments for tech companies in Silicon Valley.
Most recently, Jeff was EVP and General Counsel at Palo Alto Networks, the global cybersecurity leader, where he was the first attorney hired at the company zoom app ceoled its successful IPO inand grew the legal and policy function zoom app ceo 60 people. Prior to that, Jeff served as VP and General Counsel at 2Wire, a broadband networking solutions company, from to In this role he oversaw all legal functions and zoom app ceo lead the acquisition of the company by Pace plc.
Jeff also served as Associate General Counsel of Informatica, where he was responsible for a variety of corporate, commercial, and IP matters from to Jeff began his career at a billion-dollar freight shipping company handling a variety of transactional matters.
He holds a B. A former Managing Director for Zopm. With almost 40 zoominfo engage customer support of experience in Information Technology, Gary has served in various other IT leadership positions in получается? zoom desktop sharing download пост across the financial services industry. Prior to joining J. Prior to that, McDermott zoom app ceo several senior executive roles at Xerox Corporation. McDermott currently serves on the board of directors of Fisker Inc.
McDermott received a B. Carl Eschenbach has served as a member of our board of directors since November He served as VMware, Inc. Prior to joining VMware, Inc. He currently serves on the boards of directors of Palo Alto Networks, Inc. Carl ceeo also a director of several private companies. Carl received an electronics technician diploma from DeVry University.
Dan Scheinman has served as a member of our board of directors since January Since AprilDan has served as an angel investor. He currently serves on the boards of directors of Arista Networks, Inc.
Dan holds a B. Eric S. Yuan is the founder of our company and has served as взято отсюда Chairman of our board directors, President and Chief Executive Officer since Appp From May to JuneMr.
Attorney for the District of Arizona. Professor Napolitano earned her B. She is based in Berkeley, CA. McMaster, U. Army, retired has served as a member of zoom app ceo Zoom Board of Directors since May He served as a commissioned officer in the United States Army for thirty-four years until his retirement in June General McMaster holds a B.
Chadwick has served as a member of our board of directors since September Since AprilMr. Chadwick has been a private investor. From November to AprilMr. From June until FebruaryMr. From September until JuneMr. Chadwick served in various executive roles at Cisco Systems, Inc. He currently serves on the boards of directors of Elastic N. Chadwick is a Chartered Accountant in England and holds a B.
Gassner has served as a member of our board of directors since October Since JanuaryMr. Prior to that, from July to JuneMr. Gassner served as Zoom app ceo Vice President of Technology eco salesforce. From January to JuneMr.
Gassner previously served on the board of directors co Guidewire Software, Inc. Gassner holds a B. Santi Subotovsky has served as a member of our board of directors since December Subotovsky is zoom app ceo General Partner at Emergence Capital, a venture capital firm, and he has been with the firm since CfoMr.
Subotovsky is also a director of several private companies. Subotovsky is an Endeavor Entrepreneur and Kauffman Fellow. Management Team. Eric is zoom app ceo named inventor on 11 issued and 20 pending patents in real-time collaboration.
Sorrentino Global Chief Information Officer.
Corporate Management Team | Zoom.Meet Zoom CEO Eric Yuan, Who’s Made $12 Billion in the Pandemic
Eric S. Yuan is a Chinese-American billionaire businessman, engineer, and the chief executive officer and founder of Zoom Video Communications, of which he. Eric Yuan, a former Cisco engineer and executive, founded Zoom in , and launched its software in Zoom’s revenue growth, and perceived ease-of-use.