Post
Topic
Board Securities
Re: [glbse] Rugatu Q&A
by
paraipan
on 13/06/2012, 20:42:31 UTC
Hey Alex,

Thanks for responding to my questions.  I love the service, and think I will use it a good deal.  

The only part I'm a little hung up on is the valuation:

10,000 is 10%, so 100,000 total shares.

Share price is IPO'd at ~0.24 BTC (around $1.39 per share).

This puts your valuation of your company at roughly $139,000 USD. Could you expand on how you arrived at this valuation?

Yes, i can. It was a rough estimate between the founders, taking into account the base idea and bitcoin economic potential.


EDIT: Thanks for your support Polvos, swissmate and vescudero