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A Summary of

What happened to Pexip?

by
Mario Gabriele
The Generalist
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Prexip must climb a steep slope to fulfill its hype as a "zoom killer"

  • Norwegian video-conferencing business Prexip issued an initial public offering on May 14th, 2020
  • Stock price began at about $9.85, then rose 63% and fell 15.53% for uncertain reasons
  • Business professionals responded to a poll:
    • 75% feel bullish about Prexip's stock price
    • 26.9% (peak of leftward-skewed histogram) responded "7" on a 1-10 of 1 = "strong sell" and 10 = "strong buy"
    • Optimistic insights mention differentiation involve security and privacy
    • Pessimistic insights mention saturation and the current E.U. regulatory environment
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