Web-Based Worthworm Helps Determine PMV For Startup Investment Purposes
YoungUpstarts
OCTOBER 24, 2013
'One of the challenges for investing in startups has always been the lack of an established way for founders and investors to actually measure and decide on the valuation of the startup concerned. But newly launched Worthworm ( www.worthworm.com ) aims to do exactly that – the web-based system was designed to help develop a realistic process to determine pre-money valuation (PMV) for early-stage ventures seeking investment from angel investors and the like, facilitating negotiations betw
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