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Early stage startup valuations are a guessing game at the best of times, but if you haven't even got as far as a knowing your product, then you'll have a partic
by transmit101 16y ago
Early stage startup valuations are a guessing game at the best of times, but if you haven't even got as far as a knowing your product, then you'll have a particularly difficult job in justifying a valuation of any amount.
So I would say, however much you think you can get away with.
Can you give us any more context? For what purpose do you need a valuation?
- citizenkeys 16y agoI'm trying to understand how seed-money investors do this. I can understand valuations based on a real set of books, with assets and income. But how does a seed-money investor like Y Combinator calculate the worth of a company with just co-founders and an idea?
- transmit101 16y agoPG talks about it briefly in this clip (currently on the front page): http://www.youtube.com/watch?v=wMBTRf1kgm8 http://www.youtube.com/watch?v=wMBTRf1kgm8
- damoncali 16y agoThey wing it or use a convertible note. It really is that simple.