00:00Now, some people have written that your bank, Revolut, is worth $75 billion.
00:07Have you ever thought of taking your organization public?
00:09The way I think about it, we kind of will be ready probably in two years' time.
00:15But then again, it depends on how good the market is.
00:18Since you don't have an IPO, how do people who work for you make some money?
00:22Do you make a market for people to sell their shares internally?
00:26Yeah, so we do secondaries every one or two years when people can sell certain portions of their stocks to
00:33excellent investors.
00:34So you've done secondary sales for your employees, so employees can then get some liquidity.
00:40Do you expect before you go public you'll do any more of those, or are you just going to wait
00:43until you go public before you liquefy any more stock?
00:47Yeah, I think so. We might do secondaries as well before we do IPO because we do it every one
00:52or two years, so we might do secondary as well.
00:54All right, well, if anybody wants to sell their shares to me, let me know.
00:58And have any investment bankers told you why they're the best to do the IPO for you?
01:02Yeah, obviously every single one is the best.
01:04Every one is the best. You're not in a rush to do it. You don't need the money.
01:07So we're a bank, and then for the bank it's super important to have trust, and then public companies are
01:14trusted more compared to private companies.
01:16So that's the reason.
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