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
And then raising capital was tough in a sense. There were a couple of issues. In 2012, Facebook went public and the stock literally just went down 40%. It tanked. Yeah. And so when we decided to go raise money from the private market, investors were not interested. Look at Facebook, that went down 40%. I don't want to put Alibaba.
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