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
Imran Khan
90%, a good IPO. If it's less than 50%, it's going to be hard to do an IPO. What sort of percent was Alibaba? What sort of percent was Snap? Both were pretty close to 90%. Wow. Yeah, they're very high. Have you had one that was incredibly low? Yeah, as in my banker career, yes. And we had to pull the IPO.
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