Session is a product which Hopin originally acquired with a company called Jamm, which Badri founded.The teams working on those products will also move to RingCentral, according to an email sent to customers by Hopin today.
Taking money off the table
Boufarhat — who has already sold $195m of his shares in the company, according to FT analysis — will remain on Hopin’s board. Earlier this year, he made it onto the Sunday Times’ annual rich list, worth £1.7bn (on paper).
Hopin’s record as the fastest unicorn was broken just weeks later by German speedy grocery company Gorillas — another scaleup that has struggled in recent months.
