Eric S. Yuan

I had no money when I started the company.

So, you know, we sold the company to Cisco in 2007, and Cisco is a great company.

However, back to 2010, 2011 timeframe, and Cisco was invading to change its collaboration strategy because I saw a great opportunity to build a next-generation collaboration solution, which is video conferencing-centric rather than web conferencing-centric.

That's what we did before at WebEx.

And the customer, they are looking for a solution like a video-centric collaboration.

And that's why I saw that opportunity and Cisco was willing to change that.

So I had to leave to build the next generation of collaboration solution.

You know, at that time, six years ago, they did not realize they needed to build the next generation of collaboration solution.

But three years after I left, they realized, you know, WebEx is very old, architecture is not right anymore.

They got to build the next generation solution.

That's how they started a new project called Cisco Spark.

And I think at least for now, they understood that now.

No, no, no.

We don't want to sell the company.

And by the way, you know, I was not a CEO, right?

So WebEx, you know, the two co-founders, and, you know, they are already a public company.

They wanted to sell the company back in 2007.

You know, in our case, you know, in the case of Zoom, we really wanted to build a long-term

sustainable company who focus on delivering happiness to our customers.

You know, we enjoy that.