3 ms·
"The valuation is all about market conditions and how many offers you get and has nothing to do with ‘valuing the company.’" Valuation is very important to the
by paulhauggis 11y ago
"The valuation is all about market conditions and how many offers you get and has nothing to do with ‘valuing the company.’"
Valuation is very important to the founders, because if it sells a few years down the road for less than the valuation, chances are they will get nothing out of the deal because the investors/VC need to get paid back first.
It kinda makes me wonder if both sides don't care about this..they just want to get their payout and it's treated like playing roulette at the casino.
If I ever get funding, it will be when I have customers and a real valuation. This way, I actually have a real chance at earning a payout instead of essentially becoming an employee of my own company.