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

1705.845 - 1726.19 Harry Stebbings

Can I ask a stupid question, but I think the show has thrived because I ask questions that people don't know, but maybe too afraid to admit they don't know. How does the process actually work? So say I am the founder of Wiz and I want to go public in 24 months. I say I want to go public and I go and see a load of big institutions. How does that buy book building work and who sets the price?