Quote from: OneSixtiethOfASecond on June 13, 2012, 10:49:16 PM

Quote from: paraipan on June 13, 2012, 08:42:31 PM

Quote from: RaggedMonk on June 13, 2012, 08:37:59 PM

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

It seems like the valuation should be a function of expected revenue -- how did you calculate this?

Please contact us by PM and we will provide any details you may need. Thank you.