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Ok, that makes sense so the issue may be to agree on the value of the platform before it really has traction. I know the quality of my work is high but that ma
by darrenshrwd 10y ago
Ok, that makes sense so the issue may be to agree on the value of the platform before it really has traction.
I know the quality of my work is high but that many others have failed to compete with the major well funded players in this space.
I guess the value has to be based mostly on potential revenue at such an early stage.
So if there are three well establish direct competitors (in Australia) would I look at what percentage COULD be gained and the value of one of those competitors?
- anilgulecha 10y agoValue is really something you have to think about right. Value it too high, and the person may not think it worth their while for the piece they get, value it low and you feel cheated. A good proxy would be : how much in salary would it take a good engineer with some product know-how to build what you've built.
- darrenshrwd 10y agoThat proxy is probably the only one that makes sense at this early stage, effectively it could be worth absolutely nothing or millions in x years.