How do you value a startup with a unique product, very little sales but great potential?
>>A few more details:-not only is there an MVP but it has been selling over the last few years. But at very low revenue.<<
-the product is already proven to provide specific value to its customers. And based on my own market research, it is unique. And given what the product does, I believe the product truly has global potential.
Yes and that value - as you said, is low. OK so its Unique. One reason things are unique is that they are not really needed. A chocolate filled hamburger is "unique".. but I don't think I'd invest more than $0.50 in one even though chocolate and hamburgers are eaten world wide
-the current 'team' is a one man show, the inventor, who is not a marketer. I am considering joining both as an investor and as ceo/cmo given my background
If #4 is no - don't walk - RUN away