Yuan says with typical understatement: “My parents were really upset.”Īt Shandong University of Science & Technology, Yuan studied applied mathematics and computer science and then, at age 22, got married while pursuing his Master’s degree. To his horror, firefighters had to come put out the blaze. When the young hustler discovered the facility needed only the metal, he tried to burn away the extra material in a chicken shack behind his neighbor’s house. The son of mining engineers in China’s eastern Shandong Province, in fourth grade Yuan started collecting construction scraps to recycle their copper for cash. I’ll run faster than you, and I’ll still catch up.”įor Yuan’s first entrepreneurial act, he burned down his neighbor’s cottage. “You’re only 5 miles ahead of me, that’s okay. “It’s like a marathon,” Yuan says of his ambitions to connect the working world like Facebook did with consumers-which would make Zoom even bigger than Cisco. Ringing the Nasdaq bell checks off one dream for Yuan. And while Zoom has the goodwill of much of the tech community, with partners like Atlassian, LinkedIn and Slack, its inevitable move beyond video means its list of competitors is likely to grow. Cisco, Yuan’s former employer, may privately rue letting him leave, but it’s not shying away from a fight. With hypergrowth comes risk, of course, and Zoom still must prove it can continue to best its competitors: massive companies, like Google and Microsoft, that scared off most venture investors in Zoom’s early days eight years ago.
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