Patrick Eggen led the early stage corporate venture fund at Qualcomm when he was introduced to Eric Yuan, founder and CEO of Zoom. Eggen and his team were hesitant to back Zoom because the company wasn't profitable and the round was tied to an $18 million valuation, Eggen told Business Insider. According to Eggen, Yuan's commitment to building the business and his efficient approach to fundraising convinced Eggen to invest just 48 hours after meeting at a local coffee shop.