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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

2813.66 - 2829.625 Imran Khan

$2.5 billion is a common stock that came from the Chinese investors. So that was not a problem. So the really issue is we're raising $1.75 billion from global investors who are concerned because of the Facebook situation. So we looked at it and said, look, it's going to be a $25 billion public IPO.

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