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

1494.594 - 1513.542 Imran Khan

The thing is that once you go public, your growth rate is going to slow. It's going to multiple going to compress. And along the road, you're going to take dilutions because when you're growing that fast, you end up raising more money. Listen, when you're growing really fast, Jack Ma used to say and actually said that when they're babies, cats and tiger look same, but a cat never become a tiger.