Jim Scheinman, founding managing partner of Maven Ventures and an early investor in Zoom Video Communications, is still betting on the videoconferencing company’s future and its founder and CEO Eric Yuan. Zoom has been on a tear — stoked by the pandemic — but as competition nips at its heels from Microsoft, Facebook and Google, it needs to keep innovating.
So, Zoom is teaming up with start-ups building the next big app.
At a "Whale Watch" contest held by Zoom and its venture investors, 10 finalists pitched their ideas, were grilled by the VC's & Zoom judges.
in Indianapolis emerged as the winner and stands to get a $2 million investment.
Just how much did Zoom's early venture investors make from their early bets on the video conferencing platform?