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Zoom: Their Success Didn’t Just Stem from Covid, they Mastered the Art of Profitable Growth

Zoom has become an extremely popular tool over the last several months as we’ve all been practicing “social distancing.  Individuals went from having no idea what this tool was, to conducting happy hours, parties, school, dates, brunch & tons of work conferences on the daily. You may think that Zoom just got “lucky” with this pandemic, but the truth is – they have been climbing the ladder as a successful “start-up” for the past 9 years. Covid definitely brought more traffic and attention to their products, as there has been a much higher need for it, but they were killing it before this! Zoom creator, Eric Yuan, had the vision “video is the future of communications” – and it definitely looks like that future came much faster and more abruptly than he thought.

“From the start, Zoom aspired to stand out in a market of products that were probably more hated than loved. In a letter to shareholders included with its paperwork for going public a year ago, founder and CEO Eric Yuan talked about “how unhappy” people were with the videoconference tools on the market. But that was before the pandemic. Now video conferencing tools have gone from the punchline of a dry office joke to a vital social lifeline — and perhaps none more so than Zoom.” an article from CNN Business stated.

In recent weeks, Zoom has emerged as the most downloaded app on the Apple App Store, repeatedly breaking its download records. On Monday March 23, Zoom was downloaded 2.13 million times worldwide, up from 2.04 million the day before, according to app tracking firm Apptopia. Two months prior, the app had just under 56,000 global downloads in a day.

Another key metric in Zoom’s success is Yuan’s vision for company culture.His focus was to build a company culture around promoting “happiness. Very early on, we spoke about customer experience and culture; two things he really cared about,” said Quinn Li, senior vice president of Qualcomm Ventures, an early Zoom investor. “He would write back to any customer that would write to him, which is very rare for a company CEO to do.”

At Spigot, Inc. we all really love Zoom! We also appreciate a company with the drive to win, willingness to please users and a great company culture. This article really does show how much hard work pays off – especially for a small start up, they went from a small video conferencing tool, to going public and competing with Skype.

Spigot, Inc. is also rapidly growing! With more individuals at home, traffic to our products has increased – and we are STILL hiring! Send your resume to careers@spigot.com for review! Check out all of our adventures on the Spigot Inc blog. Be sure to follow us on LinkedInTwitter and Instagram… like us on Facebook and never miss out on the Spigot, Inc. lifestyle!

Spigot, Inc. Virtual Trivia Happy Hour = Big Success

Update: Week 6 on lock down – Spigot, Inc. is still working from home! If you follow our blog, you know that we frequently have parties, hang out with one another outside of the office, travel together and participate in team building events. We’ve decided to keep that going, but virtually! So last week – Spigot, Inc. put together a Spigot, Inc. Virtual Happy Hour for all employees to attend! We had a total of around 30 employees and 5 teams participate in the event. It was hosted through Zoom by Trivia Mafia – and was a BLAST! Not only was it fun to see one another in a group setting again, we got to compete – and there were even prizes at stake!

Trivia Mafia did a great job organizing the game. They helped us set up teams by using a Zoom registration. Once the teams were set up, we were all sent a Google forms document to fill in our answers. The host of the show read all 5 questions for the round, and then sent us off into Zoom “break-out” rooms to discuss our answers. We were given 5 minutes to submit our answers and then the host pulled us all back into the same room to let us trash talk (lol) – and read us the next set of questions.

The game was VERY close, and the questions were challenging – but fun! We will definitely be doing this again, and participating in their private online hosted events!

Spigot, Inc. really loves investing in their people – and creating a team and “fun” environment is one way we accomplish that. As we are in quarantine, we are continually looking for ways to promote comradery. This definitely won’t be our last “virtual” team event! Stay tuned to see what other fun things we’re up to!

Spigot, Inc. is also STILL hiring! Send your resume to careers@spigot.com for review! Check out all of our adventures on the Spigot Inc blog. Be sure to follow us on LinkedInTwitter and Instagram… like us on Facebook and never miss out on the Spigot, Inc. lifestyle!

Spigot, Inc. Promotes Team Building – Even in Quarantine!

Prior to “social distancing” and “stay at home” orders – Spigot, Inc. had a lot of team building events! Most recently, we went to Dave n Busters as an entire company, we frequently spend a lot of time at WOB in Gulf Coast and have parties in our office. The Spigot, Inc. office has been closed now for 29 days, so what are we doing to stay connected?! Zoom Happy Hours & Games (obviously). Individual teams have been planning happy hours every week, just to catch up – talk quarantine, and just hang out. Friday, all of Spigot, Inc.’s employees got an invite to hop on a call at 2pm and a handful of people showed up! This coming Friday, Triva Mafia is hosting a Zoom Trivia contest for Spigot, Inc., and Spigot is providing prizes!

Last week, Spigot, Inc.’s sister company, Eightpoint Technologies, hosted a “Rock n Roll Bingo” Happy hour – and even had lunches delivered to everyone’s homes from a local Cayman Restaurant, Al la Kebab.

It’s really great to be a part of a “family” of companies that value employee happiness and promote collaboration no matter what. Not only do we offer a ton of fun outside of the workday, we also offer amazing benefits (100$ Medical, Dental & Vision Insurance paid, 401k Match, Unlimited Vacation Days & FREE LUNCH & Snacks).

Good news – we’re still hiring! Send your resume to careers@spigot.com for review! Check out all of our adventures on the Spigot Inc blog. Be sure to follow us on LinkedInTwitter and Instagram… like us on Facebook and never miss out on the Spigot, Inc. lifestyle!