Zoom is worth billions more than Pinterest as both go public — even though it's half the size [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Zoom is worth billions more than Pinterest as both go public — even though it's half the size Source: Nasdaq When it comes to emerging tech companies, investors are clearly rewarding growth and profitability above all else. Videoconferencing company Zoom Pinterest went up significantly more topping Pinterest's market capitalization That's a surprising development considering that Zoom is less than half the size of Pinterest, based on the latest full year of sales. Zoom reported Pinterest generated Pinterest also has the much better-known brand, with 265 million monthly active users posting and looking at recipes, vacation pictures and photos of shoe collections. But Zoom is growing faster: Sales grew 118% between the last two fiscal years, while Pinterest grew 60%. Zoom is also profitable. It recorded $7.6 million in net income, while Pinterest had a net loss of $63 million. "Zoom is that most unusual beast, which is a profitable IPO coming out of the tech sector," said Roger McNamee,
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