JUNE 2, 2020. It’s all good now–who worries about encryption? Not shareholders of Zoom. Zoombombing’s over now–right? Bombers made indelibly clear that ZM’s claims concerning “end-to-end encryption” were flag-waving nonsense. The flurry of F-bombs, insults, and conference hijackings, hardly dented ZM’s share price. Up over 24% yesterday alone. Rocket Star.
Paperwork rules the economy–“Sign here.” Right. DocuSign’s digitizing yet another bothersome, cripplingly-slow process. Just sign on yo phone and the loan-or deed or whatever’s–all set. How much would you pay for that service? Rocket Star.
Streamlining, digitizing, call it what you will, Paypal’s been doing all that for years. They were there when eBay was born. They have the customer base to prove it. Now they’re peeer-t0-peer and more. Moving and managing money are in part cultural, thus demographic. They’ve got that too. Millennials think Venmo and SoFi not Wells. Since it’s COVID low on March 20th, PYPl’s risen 78.2% into yesterday’s close. Consider PYPL, another “Rocket Star. PYPL, ZM, DOCU.”
