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
Who cares if we sell 8%, 9% of that offering to a group of investors who we know will have to buy more at the IPO and give them no lockup? Because we know we can go to Fidelity saying, hey, I'm going to give you $200 million. But by the way, this company is going to go public at a $25 billion offer.
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