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 know, maybe you can get 100 basis point, 200 basis point improvement in a cost, but the people cost is very easy to manage. So when a business that starts with a low gross margins, it's really hard to give high multiple on a business. When I was an IPO analyst at Google, I had a buy rating on the stock. Google had a very high incremental margins.
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