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Imran Khan

๐Ÿ‘ค Person
513 total appearances

Appearances Over Time

Podcast Appearances

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

If you're a private company and you don't want people's pay, like don't want to deal with public market, I think that's an honorable thing to do if you make your business profitable and pay it back to other people money. but constantly going raising money to give your employee liquidity and to run the business. You know, I hate to say that. That just doesn't feel right.

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

If you're a private company and you don't want people's pay, like don't want to deal with public market, I think that's an honorable thing to do if you make your business profitable and pay it back to other people money. but constantly going raising money to give your employee liquidity and to run the business. You know, I hate to say that. That just doesn't feel right.

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

I am not super fan of Lena Kant and fundamentally believe over-regulation is bad. I think that America became a great country because it empowers entrepreneurship. It empowers small businesses and people do that. At the end of the day, when you give the decision-making or capital allocation for the people who are allocating the capital or running the business,

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

I am not super fan of Lena Kant and fundamentally believe over-regulation is bad. I think that America became a great country because it empowers entrepreneurship. It empowers small businesses and people do that. At the end of the day, when you give the decision-making or capital allocation for the people who are allocating the capital or running the business,

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

I am not super fan of Lena Kant and fundamentally believe over-regulation is bad. I think that America became a great country because it empowers entrepreneurship. It empowers small businesses and people do that. At the end of the day, when you give the decision-making or capital allocation for the people who are allocating the capital or running the business,

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

taking it away from them and giving it to a bunch of people who never built a business, never run a company, but they're more of a bureaucrat, you know, government officials for a long time, only lived in Washington, D.C. I don't think that's a good outcome for the country, and that's not the way the country was meant to be created.

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

taking it away from them and giving it to a bunch of people who never built a business, never run a company, but they're more of a bureaucrat, you know, government officials for a long time, only lived in Washington, D.C. I don't think that's a good outcome for the country, and that's not the way the country was meant to be created.

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

taking it away from them and giving it to a bunch of people who never built a business, never run a company, but they're more of a bureaucrat, you know, government officials for a long time, only lived in Washington, D.C. I don't think that's a good outcome for the country, and that's not the way the country was meant to be created.

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

So I fundamentally disagree with overregulations and some of the things that Lina Khan has done and the potential, I think, is flawed. But saying that, I actually don't think the M&A market, I think people has a reason to blame everything. And right now there is, and I look at it on Twitter all the time, they like to blame everything. I think the problem in M&A market is also the same thing.

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

So I fundamentally disagree with overregulations and some of the things that Lina Khan has done and the potential, I think, is flawed. But saying that, I actually don't think the M&A market, I think people has a reason to blame everything. And right now there is, and I look at it on Twitter all the time, they like to blame everything. I think the problem in M&A market is also the same thing.

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

So I fundamentally disagree with overregulations and some of the things that Lina Khan has done and the potential, I think, is flawed. But saying that, I actually don't think the M&A market, I think people has a reason to blame everything. And right now there is, and I look at it on Twitter all the time, they like to blame everything. I think the problem in M&A market is also the same thing.

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

The seller expectation is too high. When a public company is trading 20 to 30 times earnings multiple, they cannot afford to pay out 50 times revenue multiple to buy a company. And then you don't see private to private mergers because all the valuation is messed up, all the cap table is messed up. So you cannot do that either. So that also play a pretty critical role. I get you, but...

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

The seller expectation is too high. When a public company is trading 20 to 30 times earnings multiple, they cannot afford to pay out 50 times revenue multiple to buy a company. And then you don't see private to private mergers because all the valuation is messed up, all the cap table is messed up. So you cannot do that either. So that also play a pretty critical role. I get you, but...

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

The seller expectation is too high. When a public company is trading 20 to 30 times earnings multiple, they cannot afford to pay out 50 times revenue multiple to buy a company. And then you don't see private to private mergers because all the valuation is messed up, all the cap table is messed up. So you cannot do that either. So that also play a pretty critical role. I get you, but...

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

Yeah, but not everything is Figma and Waze. So if you're selling it to Google, if you're selling it to Facebook or selling to Adobe, if you look at the NAS, I think the US public market, I think what, there's 2000 companies over $2 billion market cap. Top 20 companies will have a lot of scrutiny. And honestly, in many cases, it probably makes sense to have high scrutiny on the top 20 companies.

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

Yeah, but not everything is Figma and Waze. So if you're selling it to Google, if you're selling it to Facebook or selling to Adobe, if you look at the NAS, I think the US public market, I think what, there's 2000 companies over $2 billion market cap. Top 20 companies will have a lot of scrutiny. And honestly, in many cases, it probably makes sense to have high scrutiny on the top 20 companies.

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

Yeah, but not everything is Figma and Waze. So if you're selling it to Google, if you're selling it to Facebook or selling to Adobe, if you look at the NAS, I think the US public market, I think what, there's 2000 companies over $2 billion market cap. Top 20 companies will have a lot of scrutiny. And honestly, in many cases, it probably makes sense to have high scrutiny on the top 20 companies.

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

But other 1,980 companies probably not going to have a lot of difficulties acquiring deals. So I think blaming everything to Lina Khan is probably not fair either.

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

But other 1,980 companies probably not going to have a lot of difficulties acquiring deals. So I think blaming everything to Lina Khan is probably not fair either.

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

But other 1,980 companies probably not going to have a lot of difficulties acquiring deals. So I think blaming everything to Lina Khan is probably not fair either.