Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Verb Technology Company, I VERB
(Total Views: 528)
Posted On: 04/23/2020 8:14:27 PM
Post# of 32991
Avatar
Posted By: redspeed
Re: manfromjax #19318
Zoom has some problems besides all the lawsuits

And I do mean more than one...

BTW, these are real lawsuits

https://www.abajournal.com/news/article/anoth...y-problems

They said their customer base was enterprises

But that customer base was responsible to make Zoom solution secure

Huh?

I guess if you own a house, you are responsible for the security and locks on the doors

But what ever it was someone else's house?

How exactly to you make their own app secure

You didn't build it

You don't have the blueprints

Do you want to pay a lot of money to test it?

Hell know, that's the SaaS vendors job

No enterprise in their right mind is going to sign up for Zoom until those issues are fixed

Even then, they have the negative overhang

We not only screwed up, but we kept it all a secret...

No, deflector shields went up

We never intended to provide industry standard security

That's up to you

I never saw Microsoft, Oracle and IBM pass the buck like this

I guess what could they say?


What made them popular is the ease of use, is now coming back to bite them

If you are an enterprise, you are now working on moving off their system now the truth comes out

So they said the consumer segment was never their intended user base

You know why?

Because they don't pay

Want to chat with your buddy's?

Hey, Zoom is free!

Giving away 90% of you business or whatever the number is, is not sustainable

Especially if some of the paying enterprise customers, go away

Especially if new enterprises hesitate to sign up

Servers, bandwidth and other resources are not free

If you think your internet bill is high, keep in mind, companies pay for that same bandwidth it to come out of their datacenters and it's not $49/mo

You pay for the volume of data going out...

Zoom infrastructure bills have to be through the roof

Money 101

You can't lose money giving away a lot for free and make it up in volume

Read their filings

Their freemium model is well discussed

It will be very interesting to see their Q1 and especially the Q2 numbers

In these crazy times, it's going to be hard to predict but...

Have expectations on Zoom been over set?

Keep in mind I posted an institution that totally sold out of Zoom, but bought VERB

I wish them the best as one day VERB might license some of their tech to them














(24)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site