Yes, you read that correctly. Zoom Video Communications, the once little-known video conferencing service that so many of us have turned to during the pandemic, reached a valuation of $48.8 billion (£38.6bn) on 15 May 2020. By contrast, it posted revenues of just $622.7 million (£493m) for the whole of 2019.
Meanwhile, the world's biggest seven airlines – Southwest, Delta, United, IAG, Lufthansa, American, and AirFrance-KLM Group – were worth a combined total of just $46.2 billion (£36.5bn) in May 2020, thanks to the effect of the global lockdown.
Fast-forward to the start of 2022 and, while Zoom stock prices are down by as much as 70% compared to the dizzying heights of the company's October 2020 peak, it's still thriving. Who'd have thought it?