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There seems to be quite a few people in here looking to join a startup.
We're a mature aerospace impact startup (in Switzerland) pre launch for a new platform to engage and empower passangers in order to accelerate sustainability in aviation. Our product website is www.adaption.me and company website is www.optimaero .ai.
If you're interested in joining us, and you think you have skills that suit our business, you could drop me a speculative application by email at hello@OptimAero.ai.
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Depends on the industry and what they sell. Not sure that valuation adds up though.
Valuation is low
Check comparable revenue multiples. The market has changed so much but last year valuations where north of 5M with no revenue. If they have high growths they might be able to support it through revenue multiples
That’s my guess. They were zero/minimal revenue during the first 2 years. During year three they generated a positive EBITDA of $200K for that year based on $1.1M revenue and $1M cost.
Valuation is low. Should be closer to $20-50m based on VC dollars.
There’s no fundamentals for these valuations. It’s based on what someone else is willing to pay, backed by the Fed printing machine.