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Refused U.S. Visa Eight Times, Zoom CEO Is Now a Billionaire

  • Yuan and his family sold shares worth $57 million in Zoom IPO
  • Global video conferencing market is forecast to grow 8% a year
Bloomberg business news
Zoom CEO Yuan Is Feeling the Pressure
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After hearing Microsoft Corp. co-founder Bill Gates give a speech about the internet three decades ago, Eric Yuan decided he wanted to become part of the Silicon Valley dot-com boom.

Then the China-born entrepreneur hit a snag. The U.S. government denied his visa application -- eight times.