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I'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 se
by citizenkeys 16y ago
I'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.