Eric Yuan, CEO of San Jose-based Zoom Video Communications, deflected questions about his company’s valuation while bragging about the fresh $100 million in funding he disclosed Tuesday.
But two reports said the Sequoia Capital-led Series D round created the first new unicorn of 2017 from Silicon Valley, giving it a value of at least $1 billion.
Eric Yuan was from Webex and then Cisco. It’s a very solid company with $900M valuation. But it’s old tech, its valuation will be limited. Could be acquired by Cisco, Juniper or even Google.