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Zoom earnings, SaaS burnout, Amazon's $10B Alexa loss + FTX contagion with Sunny Madra | E1619
This Week in Startups
Zoom's Q3 Earnings Report
Shares of Zoom dropped 7% after the company released its Q3 earnings report. Revenue hit $1.1 billion, that was up 5% year over year. Free cash flow was down 25%. Net income topped out at 48.3 million down 86% yearover-year. Mark: "This stock is gonna crash once somebody figures out how to do the same video filters and make people look young"
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