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Huh? One company valued xobni at $20m - how is that the be-all, end-all of valuation? If I value my company at $500,000 and someone offers me $100,000, am I wro
by bigtoga 18y ago
Huh? One company valued xobni at $20m - how is that the be-all, end-all of valuation? If I value my company at $500,000 and someone offers me $100,000, am I wrong or are they wrong (or are we both right) when I turn them down?
Answer: you don't have enough information to make a decision.
- cstejerean 18y agountil someone else gives you a $500,000 valuation your company is not worth 500k. So far Xobni is only worth 20 million. They are hoping that one day they will be worth more.
- emmett 18y agoXobni is worth at least $20,000,000. It is currently unknown as to whether they're worth more. Evidence suggests those with the most at risk believe they are worth significantly more.