valuation

“As soon as you start generating revenue, then it gives investors a metric to use as a basis for valuation prior to generating revenue. You can just totally pull numbers out of your ass”

“Very, very close.”

“Well, our valuation was one 52.”

“Valuation is bullshit if you have crazy terms. And the terms mathematically simply by math are far more important than the actual valuation.”

“Valuation is an art more than a science, and this notion that SaaS revenue is the it's all predictable, and therefore a command site, that's actually not what I've seen in the markets.”

“It's really about having a track, the more, the bigger the track record you have, the higher the number you can go. And that's really what it's down to.”

“So we're about to raise again now at an AT pre.”

“We raised it an eight million dollar pre.”

“Spent a lot of time, quite frankly, so far valuations are really high. So I wanna, you know, it doesn't help me to buy something that's overvalued.”

“And so I do think we're going to see my guess is that we see a little bit of a reckoning on some of these crazy valuations on some of these companies that are again, just glorified chat GPT rappers. So I think we'll see a little bit of a crash on some of those…”