How Worthworm helps your pre money valuation (PMV)–an interview with Barbara Savage
Valuation matters to entrepreneurs because it determines the share of the company they have to give away to an investor in exchange for money. For startups, it is a lot about the growth potential, as opposed to their present value. Early-stage valuation is commonly described as “an art rather than a science”, which can make things difficult. However, technology such as the Worthworm platform can help make it more like a science.
Barbara Savage is an entrepreneur and founder of AtCura, a solution for streamlining all of the processes involved in long-term care. See what Barbara says about Worthworm, and how Worthworm actually got her more funding for her startup that what she was expecting.
“This innovated technology that they developed to help entrepreneurs like myself to converse with our investors on a level that we can both understand. It was something that allow me to present myself better, present my company better, the investors feel more comfortable with me as we move through the process and altermately I did end up funded, which I think is about as good as it gets.”
“Worthworm allows me to get a much deeper grasp of understanding of why each of every number that goes into this evaluation is important. I think that really helped me understand, and the investor understand why we had a difference in our agreement initially and we came to a common ground.”
Curious about how much your venture could be worth? Or looking for a world-class teaching tool? Or are you trying to do due diligence on potential deals? Then try a subscription to Worthworm, and let us help you.