Eric Yuan (Zoom) and Santi Subotovksy (Emergence Capital) - Winning a Crowded Market

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Journey, Startups, Education, Stanford, Culture, Strategy, Stanford University, Entrepreneurship, Business, Life Lessons, Thought Leadership, Creativity, Etl, Challenges, Leadership, Innovation, Founders

4.4 • 739 Ratings

🗓️ 28 October 2020

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

After growing and leading the team that developed WebEx, Eric Yuan left his role as Corporate Vice President of Engineering at Cisco in 2011 to found Zoom Video Communications. Santiago Subotovsky, a general partner at Emergence Capital, led his firm’s investment in Zoom. In this conversation with Stanford lecturer Ravi Belani, they discuss what drove Zoom and how they built the confidence to launch this new company into an already crowded video conferencing market.

Transcript

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0:00.0	Who you are defines how you build.
0:07.0	This is the Entrepreneurial Thought Leaders series.
0:11.0	Brought you by Stanford E. Corner.
0:14.0	On this episode, we're joined by Eric Yuan and Santi Subutovsky.
0:18.0	Eric is the founder and CEO of Zoom Video Communications.
0:21.9	And Santi is a general partner at Emergence Capital, where he led the firm's investment
0:26.1	in Zoom.
0:27.5	Welcome everybody to the next session of Stanford's Entrepreneurial Thought Leader seminar.
0:32.4	Welcome the Stanford community and welcome to the broader public via YouTube.
0:37.2	I'm Ravi Balani, a lecture in the Department of Management Science and Engineering at Stanford
0:42.0	and also the director of alchemist and accelerator for enterprise startups.
0:46.1	And this is presented, the Entrepreneur Thought Leader series is presented by STVP,
0:51.8	the Entrepreneurship Center in Stanford School of Engineering,
0:55.0	and Basis, the Business Association of Stanford Entrepreneurial Students.
1:00.2	Seldom, I think, if ever, have I been able to say that tonight's or today's talk
1:05.9	would not be possible without our two speakers? Because literally, we're coming to you on the
1:10.3	platform that was created and funded by our speakers. And I, we're coming to you on the platform that was created
1:11.6	and funded by our speakers. And I don't think that there is another product in 2020 that has
1:17.6	become such a ubiquitous part of our lives as Zoom. And so we are incredibly honored for the time of
1:24.6	Eric Gouan and Santi Subatovsky, who have joined us.
1:28.6	Eric Yuan was one of the first 20 hires and VP of Engineering at the video conferencing
1:33.7	startup WebEx, which he joined in 1997.
	...

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