Question
Our annualised revenues are approx $2m USD, so we've already been given estimates by Accountants, legal expert who deals with M&A etc. that are extremely experienced in our field of what we could expect valuation to be. We want to be fair, but not give away more than we need to. Get there maybe a small discount. Possibly other proven angel investors we don't know so well they're keen introduce too (so how could we balance getting the most from this collectively?). How do you best arrive at this?!? (and should we consider e.g. convertible notes, something else as part of this). Thanks!
Answer
Fair valuation to invest may not necessarily be the one showing numbers on higher side, even if that exceeds your expectation. Invest your time to to understand the fine prints involved with either investors to be able to conclude the best deal.
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