Better Buy: Zoom Video Communications vs. Cisco Systems
Zoom Video Communications (NASDAQ: ZM) probably wouldn't exist without Cisco Systems (NASDAQ: CSCO). Zoom's founder and CEO Eric Yuan was previously one of the first employees at Webex, the video conferencing start-up Cisco acquired in 2007.
Yuan subsequently became Cisco's VP of Engineering, and pitched the idea of a new smartphone-oriented video conferencing platform to the company in 2011. Cisco shot down the idea, and Yuan left the company and founded Zoom that same year.
Image source: Zoom.
Source Fool.com
