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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

2257.511 - 2275.113 Imran Khan

There's a vast amount of wealth is owned by average Americans. So you cannot go to this vast amount of Americans and charge them unrealized cap gain. So then you have to say, okay, that's not the intention. We're going to exclude all these things and And then also asking that, are you setting up a dangerous precedence? Now we are doing that to go after a small group of people.

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