Skip to main content
No. of Recommendations: 19
I don't think it is fair to say Zoom is sandbagging. I think they were being conservative with an unknowable situation. The difference is that sandbagging requires an intentional under-guide (much is known and the guidance is knowingly low), while being conservative is, at least in its intention, a reasonable guess while trying to reduce the risk of reporting below expectations. I do not fault Zoom for expecting churn to counter growth considering the unprecedented growth they have already experienced. They are caught in gale-force tail-wind and keep expecting to return to a more normal breeze. I don't believe this is happening yet though. The pandemic is worse than it has ever been to date and even with positive vaccine news it will be 6-12 months before it matters for most people. I don't mean to get too macro here because I DO think what Zoom has land-grabbed will be kept for the most part. I bring it up because I don't see any micro OR macro reason things should change any time soon. They continue to perform on both sales and innovation.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.