Questions

Hey guys, We're building a community for startups and entrepreneurs (http://teamstoryapp.com) iOS is currently live with invite-only: https://itunes.apple.com/gb/app/teamstory/id834137499?mt=8 and Android is in development right now (launching in summer) We have angel investors reaching out to us and asking about the valuation & pre-seed investments. We are just wondering how much we should raise in this case... 1. What are some valuation range for a startup / product like this? 2. How much of our valuation should we give to the investors (we're talking about a small investment like 50K) 3. Should we get investments at all for now? Right now we're silent launch with 300 iOS users and 1000 on waiting list on both android and iOS. Thanks

Been there done this and got a major investor on board. Let me know if you'd like to chat.


Answered 7 years ago

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