Neil here.
If you’ve been working from home over the past year like much of the United States, you might be tired of hearing about Zoom. No matter how many times you’ve heard the name, though, the company’s latest announcement should have angel investors on the edge of their seats.
Yesterday, Zoom announced the creation of its $100 million Zoom Apps investment fund to incentivize startups to use the Zoom in-app tool kit to build their companies.
Zoom launched Zoom Apps last year, when its valuation grew to a whopping $117 billion by December, and nearly 300 million people participated in online meetings every day. Zoom Apps incorporates applications from the company’s partners’ platforms like Google Suite, Slack, and Dropbox, to be accessible from inside any Zoom meeting.
Now, some startups and small businesses are taking advantage of these apps, tools, and software kits to build products of their own… and Zoom wants to pour money into developing them even more.
The initiative comes at a crucial time for U.S. office workers. Though most of the workforce around the world has been able to return to the office within the last year, the United States is still operating largely on a work-from-home basis, and no one can know for sure when it will end.
You see, many companies in the U.S. are not ready to mandate a back-to-work plan in the near future, meaning we’re not leaving remote work behind any time soon. But companies are always looking for ways to streamline their operations, and offices are going to need new tools to accommodate a hybrid mode of work.
Zoom knows this too, so the company is searching for startups that will contribute to the Zoom application ecosystem and the larger virtual collaboration space.
The company is planning to invest between $250,000 to $2.5 million in each startup chosen for its portfolio as seed-level investments to start.
And Zoom isn’t the only company putting money into startups using its application tools. Other big-name firms are seeing potential in some of the companies already taking advantage of Zoom Apps.
Sequoia, for example, invested $21 million in one of the companies that’s using the Zoom Apps to add backgrounds and slideshows directly into video meetings. Another startup is using Zoom’s interface tools to incorporate a scheduling feature into the app, and it’s secured $2.8 million in funding, with Maven Ventures as its lead investor.
But the best part is that you don’t have to be a major venture firm to get in on these opportunities early.
While Zoom is focused on building a portfolio of startups who are developing products that fit into the Zoom ecosystem, the company is accepting all applications from interested entrepreneurs as we speak.
This means that angel investors should be keeping an eye out for a massive wave of new tech startups coming this year.
Along with this tech wave will need to come a network expansion like no other, especially if companies want their products to perform the best from the time they roll out. Thankfully, we’re in the midst of one of the biggest data upgrades the world has ever seen… and the potential for life-changing gains is too high to ignore.
We’re talking about a major 5G takeover.
5G has become a buzzword across the U.S. as the most prominent carriers are working to provide coverage to their customers across the nation. But this 5G sweep isn’t just about cell phone carriers and fast internet. These big names have hardly scratched the surface of what 5G can do.
I’m talking about smaller companies that are filling in the gaps to make 5G a part of every industry out there… and today, you can learn about these opportunities before they reach the mainstream.
I know an expert who’s put together a list of 20 small-cap companies whose values haven’t yet been realized. So, if you’re kicking yourself for not getting in on the world’s major 5G players in time, you’re about to get your second chance.
Just click here to get the details now.
That’s all for today. I’ll be updating you soon.
Until next time,
Neil Patel
If you’ve been working from home over the past year like much of the United States, you might be tired of hearing about Zoom. No matter how many times you’ve heard the name, though, the company’s latest announcement should have angel investors on the edge of their seats.
Yesterday, Zoom announced the creation of its $100 million Zoom Apps investment fund to incentivize startups to use the Zoom in-app tool kit to build their companies.
Zoom launched Zoom Apps last year, when its valuation grew to a whopping $117 billion by December, and nearly 300 million people participated in online meetings every day. Zoom Apps incorporates applications from the company’s partners’ platforms like Google Suite, Slack, and Dropbox, to be accessible from inside any Zoom meeting.
Now, some startups and small businesses are taking advantage of these apps, tools, and software kits to build products of their own… and Zoom wants to pour money into developing them even more.
The initiative comes at a crucial time for U.S. office workers. Though most of the workforce around the world has been able to return to the office within the last year, the United States is still operating largely on a work-from-home basis, and no one can know for sure when it will end.
You see, many companies in the U.S. are not ready to mandate a back-to-work plan in the near future, meaning we’re not leaving remote work behind any time soon. But companies are always looking for ways to streamline their operations, and offices are going to need new tools to accommodate a hybrid mode of work.
Zoom knows this too, so the company is searching for startups that will contribute to the Zoom application ecosystem and the larger virtual collaboration space.
The company is planning to invest between $250,000 to $2.5 million in each startup chosen for its portfolio as seed-level investments to start.
And Zoom isn’t the only company putting money into startups using its application tools. Other big-name firms are seeing potential in some of the companies already taking advantage of Zoom Apps.
Sequoia, for example, invested $21 million in one of the companies that’s using the Zoom Apps to add backgrounds and slideshows directly into video meetings. Another startup is using Zoom’s interface tools to incorporate a scheduling feature into the app, and it’s secured $2.8 million in funding, with Maven Ventures as its lead investor.
But the best part is that you don’t have to be a major venture firm to get in on these opportunities early.
While Zoom is focused on building a portfolio of startups who are developing products that fit into the Zoom ecosystem, the company is accepting all applications from interested entrepreneurs as we speak.
This means that angel investors should be keeping an eye out for a massive wave of new tech startups coming this year.
Along with this tech wave will need to come a network expansion like no other, especially if companies want their products to perform the best from the time they roll out. Thankfully, we’re in the midst of one of the biggest data upgrades the world has ever seen… and the potential for life-changing gains is too high to ignore.
We’re talking about a major 5G takeover.
5G has become a buzzword across the U.S. as the most prominent carriers are working to provide coverage to their customers across the nation. But this 5G sweep isn’t just about cell phone carriers and fast internet. These big names have hardly scratched the surface of what 5G can do.
I’m talking about smaller companies that are filling in the gaps to make 5G a part of every industry out there… and today, you can learn about these opportunities before they reach the mainstream.
I know an expert who’s put together a list of 20 small-cap companies whose values haven’t yet been realized. So, if you’re kicking yourself for not getting in on the world’s major 5G players in time, you’re about to get your second chance.
Just click here to get the details now.
That’s all for today. I’ll be updating you soon.
Until next time,
Neil Patel
Follow @angelsandentrepreneurs
