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. Out of fairness, that’s why they wanted to hire me, to fix that issue. Valuations.
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