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by Web2Con on November 13th, 2006

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How do you figure out valuation and prevent yourself from being kicked out of your own website business once you get VC?

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  • by Web2Con on November 13th, 2006

    Web2Con

    Response from Rob Shiram, Major Website Entrepreneur:

    I’d say it would be crazy for anyone to kick the founders out of their own business. If anyone has passion, unless there’s an issue of ethics or lack of commitment, that happens post funding, I would say that would be the last thing that any investor would think of, and that includes anybody that’s out there investing. However, as far as valuation, I wouldn’t get too hung up on it. I think you want to decide what value you are seeking from that investor. If you want just their money, then take their money. If you need smart money, then figure out what are the things you need help on and can that investor provide that help for you?

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