Nice find Nicole. Article is on the confusing-side for explaining seed-round valuations. Easier ways to lay it out, but the information is not bad. Angels/VCs mostly IMO take too much of small companies, but it might be a fair trade if the companies need a LOT of help. Haven't tried http://www.caycon.com/valuatio... which was recommended in a comment. Nice "running man" video at the end! - Mitchell Tsai
Set of answers to "My question is how do we value a company with no sales? I understand it's an arbitrary valuation but is there anything we can possibly base it on? Is there a "default" valuation for companies in a seed round?" - Nicole Simon
One of the perks of living in New York. I was in Ohio (before the smoking ban) and I hated going out to bars because it meant I would come home reeking. - Benjamin Golub
smoking ban was introduced in london last year - it's made an enormous difference - Alex Gawley
@agawley hell yeah, _enormous_ difference - think about how many silent enemies _you_ got (yes, yes, every crappy anti-smoking nazi has now an enemy, silent one) - silpol