Again this is just one more reason I'm a big fan of just bootstrapping your project. These are educated guesses at best and I'm not giving up equity in my company based on that
VC money just gives you a false positive. You have a runway without traction. Bootstrapping avoids all of that.
Seeing ideas like this one makes me very happy that I stopped wasting time chasing money on worked on sales and gross profit
This seems like a great tool for tech or marketing strong teams with a need for Fin Intel - or even just a nice presentation of their numbers and place in the market.
@thunayan the valuations are based on financial inputs for the most part. We have basically simplified really long and complicated valuation metrics (which are usually in huge excel spreadsheets) and simplified this by coding it into a streamlined process. We also take the rank of your website (if any) as an extra datapoint of traffic.
@thunayan the app is not specifically for valuing websites. It is for valuing any startup concept or business in the same way that a VC would. In fact, it doesn't even need to be a business that generates its revenue online. If you are a startup (doing anything) and wondering what a VC or Angel will value you at - startupvalue.io will give you a comprehensive analysis of what and why.
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