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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

2492.458 - 2511.542 Harry Stebbings

You said Google before. You said Amazon before. Both are protecting incredible cloud businesses. They have to spend to protect their cloud business. And that's their cash cow. Zark has a cash cow in Instagram and News Feed, which is not a cloud-based cash cow. How does Zuck not having a cloud-based cash cow change how he can behave?

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