Daily Local News (West Chester, PA)

Meet Eric Yuan, the man who made your Zoom meetings possible

- By Michael Liedtke AP Business Writer

If you hadn’t already heard have of Zoom Video Communicat­ions, there is a decent chance you’ve made its acquaintan­ce over the past few weeks.

Millions of people are now working from home as part of the intensifyi­ng fight against the coronaviru­s outbreak. In addition to using the video conference for work, many are also tapping it to hold virtual playdates for their kids and virtual happy hours with friends and family banned from gathering in public places.

The crisis has cast a spotlight on Zoom, a company founded nine years ago by its CEO Eric Yuan after he defected from Cisco Systems and took about 40 engineers with him. He wanted to refine a concept he first dreamed up during the 1990s as a college student in China, when he dreaded the 10-hour train trips to see his then-girlfriend, now his wife.

Now Zoom is booming, just 11 months after it made its debut on the stock market. While the Standard & Poor’s 500 index has fallen by 25% since its record high on Feb. 19, Zoom’s stock has soared 46% as investors bet on its service becoming a mainstream staple in life after the coronaviru­s.

Yuan, 50, recently spoke to The Associated Press during an interview conducted on Zoom. The conversati­on has been edited for clarity and length.

Q

: Are these strange times providing a glimpse at how we are going to be working and living in the future?

A

: I hope this crisis can be over very, very soon, but one one thing I know for sure is that companies will learn this is the way to work. I am pretty sure almost every company will be thinking about it and say, “Hey, maybe working from home makes sense,” and maybe let every employee work from home, maybe once a week. Previously, a lot of businesses didn’t even want to try.

Q

: Do you think we will find out that people can be more productive at home?

A

: It’s too early to tell whether it’s more productive or less productive, at least for me. I am finding I have even more meetings, and every day I miss the launch time, so I am also learning how to adapt to all this working from home.

Q

: Zoom primarily has been used by businesses. Are you discoverin­g new social applicatio­ns now that people are using it to virtually hang out too?

A

: That is not our intention. But kids are pretty smart, they always figure out new use cases.

 ?? AP PHOTO/MARK LENNIHAN, FILE ?? In this April 18, 2019 file photo, Zoom CEO Eric Yuan attends the opening bell at Nasdaq as his company holds its IPO in New York.
AP PHOTO/MARK LENNIHAN, FILE In this April 18, 2019 file photo, Zoom CEO Eric Yuan attends the opening bell at Nasdaq as his company holds its IPO in New York.

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