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

1626.219 - 1646.686 Imran Khan

So that's how relationship builds, and that's the way I think about life in general. Don't be over-transactional. The second reason is, the reason I call it misguided, I think People don't necessarily understand how public market necessarily, I'm not saying about Bill Gates, but people who get over-focused on it, is that when a company go public, they sell a very small percentage of the company.