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echo: barktopus
to: All
from: Antti Kurenniemi
date: 2006-03-23 19:41:28
subject: Holy software business batman!

From: "Antti Kurenniemi" 

Today I just got offered a considerable (well for me anyway) sum of money,
to fund my software business. Wowzat, that's cool! I've been battling to
finance my development (I'm doing a small-business crm/time
planning/invoicing/whatnot type of application) by doing support gigs and
all sorts of odd jobs, and this would really make all the difference in the
world. I'm so excited that I can hardly stand (or sit) still.

Anyone have any hints / ideas how to value a software (business) before it
sells anything? I'm left with a decision: I have to offer a percentage of
my company to the investor, and I haven't got a faintest clue as to how big
a slice I should offer - too big and I'll regret it for the rest of my
life, too small and they'll just shoot off leaving me empty handed... Damn,
why aren't cool things ever easy . Well, no worries, I'm pretty
sure I can trick them into telling me what they have in mind, and then I'll
just divide that by two, and that should be about right.

Wopee! Beers are on me the next time you're hereabout!


Antti Kurenniemi

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