Two comparables to consider: I know this is a tech. startup, but for 500k I could theoretically buy a brick and mortar business that makes me 50-100k per year.

Two comparables to consider: I know this is a tech. startup, but for 500k I could theoretically buy a brick and mortar business that makes me 50-100k per year. Given the risk of monetizing twtApps, I would probably opt to do that. Also, SGN was buying up small fb app companies for 1-1.5MM about 1.5 years ago. Each was seeing 200-500k in revenues. And probably most of that was profit. Using this comparable, to justify the 500k valuation, twtApps would need to be seeing 66 - 166k in revenues.