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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Why the IPO Market is not Closed | Why Revenue Multiples are BS and Founders Need to Change | Advice From Jack Ma, Jamie Dimon and Evan Spiegel | Lessons from Taking Snap & Alibaba Public with Imran Khan

1383.701 - 1404.553 Harry Stebbings

Figma put the biggest thorn in the M&A market, which basically said, listen, there is a huge chance that after 18 months of grueling process, you will then be blocked. And then for a business like Wiz, we do not want to take that risk. It is a very, very significant downside if it doesn't happen for the morale of the company. And actually, it's not worth the risk if after all that time we can.

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