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. The company did have some revenue and paying users, but not enough to make any judgement on the company’s future prospects. Non-compete. The company with all the revenue is Company C. Valuations.
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