Kumospace is a virtual office and events software. Brett Martin discusses the outlook for the remote work environment. He talks about how legacy communication tools like Zoom have been faced with a classic innovator's dilemma. They have focused on protecting their current revenue, but the communication tool needed for a hybrid world isn't going to be Zoom. And as a result, Zoom has invested heavily into building Zoom One but for the past four quarters their revenue has been flat. He goes over the private market trends we are seeing in the video chat/collaboration space. Tune in to find out more about the stock market today.
Market On Close
29 Sep 2023
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