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

2141.743 - 2163.422 Imran Khan

So I think the great founders are great at pivoting. And so the risk with the business is any businesses is not either. Obviously, you have a near term risk, which everybody knows. The asymmetric understanding about the business that helps you to create long-term return, that is, you cannot quantify financially, is that a group of people's, their ability to navigate difficult environment.