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
You have to, because if you don't spend, your business goes to zero. So look at Google versus Yahoo situation. So what happened? Google spent the CapEx, Yahoo didn't. Again, I was an analyst at that time. I was Google's IPO analyst. I covered Yahoo since 2002. It was a heated topic among investors. What Yahoo's lack of spend versus Google's spend?
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