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
This podcast episode navigates the complex landscape of capital markets, highlighting the critical decisions founders face about going public versus staying private, the challenges of private market illiquidity, and the nuanced metrics that define company value, like gross margins over revenue multiples. Emphasizing the importance of transparency in the IPO process and the necessity for a clear narrative, the discussion also touches on key lessons from successful entrepreneurs, notably Ev Williams, about understanding customer needs and maintaining conviction. Ultimately, the conversation champions a focus on core strengths and the need for calculated decisions in today's evolving market environment.