Piercing the Corporate Veil of Sweat Equity
grasshopperherder.com
SEPTEMBER 24, 2011
I think it’s difficult, if not impossible, to value a pre-revenue company with any reasonable accuracy. If there is traction, ok…there are some benchmarks and you can look at seed stage funding rounds. The company with all the revenue is Company C. Lean startup (26). All names redacted.). Valuations.
41 
Let's personalize your content