On Thu, 2010-07-22 at 18:48 +0200, david blanchard wrote:
> Quick article that rightly shows how fluctuant a valuation can be at
> an early stage ->
> http://www.businessangelblog.com/2008/start-up-valuations/
> 
> The thing I'll remember is the dual possible approach for an
> investor : start from the end (what is the return I want in five years
> from now) or start from the beginning (how much money would it cost me
> to get where the team is). 

Interesting read - thanks!

Xavier.

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