Raising capital is an art; and understanding how to set a value on your new company is even more subtle. Here’s a look from an expert.
At Spartina, we work in both areas: with our investor subsidiary, we invest in new companies. As an entrepreneur, we seek investments. We understand valuation from both ends— the angel investor and the founder. Yet the more we understand it, the more it is hard to pin down. Here is a great video from Stanford that sheds some light on the subject.