Why this AI player is aggressively buying back its stock

ZoomInfo (ZI) was bootstrapped in 2007 by founder and CEO Henry Schuck with $25,000 in credit card debt. The data intelligence play started its life by focusing on small to medium-size businesses looking for ways to connect with key contacts at larger companies and better understand customers. Today, the company has entered the AI age and is fresh off posting more than $1.2 billion in annual sales. The company could eclipse that level in 2025, according to new guidance shared this week on its earnings release. So, what’s next for this under-the-radar tech player? Yahoo Finance Executive Editor Brian Sozzi chats with Zoominfo founder and CEO Henry Schuck to discuss just that. Schuck shares lessons on how he has grown ZoomInfo, from mistakes to best lessons learned. He also dives into how ZoomInfo will be playing in the AI space against some of its biggest competitors. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. For episodes of Opening Bid, please visit: https://finance.yahoo.com/videos/series/opening-bid/
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