It's actually so self-evident what is being talked about here. However, my daily interaction with startups and companies shows me that it's precisely these apparent self-evidences that are often done wrong. Yes, the video demonstrates a lot of hands-on experience. Excellent. We must always remind ourselves: running a company is no magic. But you indeed have to get the seemingly small things right. Therefore: 10 marks. Excellent video.
I always consider the valuation part to be similar to market demand and supply, where the company asks and the investor wants. Great video, Brett! Your insights are always helpful, especially at the right moments for our company :)
This is a great question, James. Regardless of whether you have revenue or not, you want to provide three to five years of future financials (ideally five). So, you're forecasting what you think is going to happen. And this includes revenue. I know it's hard when you don't have any history and you're a brand new company, but just take your best guess.
