No, no, no. Startups valuations should NEVER be based on financials because startups should by definition have limited or no financials. The objective is to ta

No, no, no. Startups valuations should NEVER be based on financials because startups should by definition have limited or no financials. The objective is to take investment in order to build assets which down the road have the potential to be valuable either on a financial profit basis or in aggregating attention.