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Microsoft Corporation (MSFT $510.06)
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RingCentral Inc. Class A (RNG $26.77)
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Zoom Communications Inc. (ZM $74.48)
Q: I have been doing some research on the UCaas space. Ring (RNG) seems to have the best product but ZOOM has a better balance sheet. Or can Microsoft's teams eat both of their lunches (after all teams is free!) What is your opinion? I am leaning towards RNG. Should I be concerned with liquidity in 2026 when they have over $600 to be refinanced (or paid off)?