Which tech company's skyrocketing stock price during the pandemic nearly quadrupled the net worth of its founder, Eric Yuan?
Answer Zoom
Inspired by Bill Gates, Yuan set out from Beijing in 1997 to find his fortune in Silicon Valley after eight failed attempts to secure a U.S. visa. After helping to create Webex (acquired by Cisco in 2007), Yuan founded Zoom in 2011. The app's popularity, along with its investment capital, grew steadily over the next eight years. When the pandemic struck, stay-at-home orders thrust Zoom into the stratosphere. Yuan began 2020 with a tidy $4.5 billion in the bank, which skyrocketed to more than $17 million.
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