Hello insightful folks,I am the founder of MarketOwl, a venture aimed at democratizing marketing for small businesses through AI (B2B SaaS but with B2C prices). A month post our launch, we've garnered over 120 registrations and have 5 paying customers, achieved without any formal marketing. The conversion rate from website visitors to paying customers exceeded our expectations by 1.7 times.
Now, as I am steering towards seeking angel investment, I am in a bit of a conundrum regarding the valuation I should put forth. Here are some key points about us:
Given these factors and our early traction, I am keen on understanding how I should go about valuing MarketOwl for potential angel investors.
Any insights, experiences or advice would be immensely appreciated.Thank you in advance for your time and input!
Now, as I am steering towards seeking angel investment, I am in a bit of a conundrum regarding the valuation I should put forth. Here are some key points about us:
- Our core team of three is working full-time, each bringing a wealth of experience to the table.
- We've been bootstrapping till now, and have a registered company in Delaware.
- Our CTO has 30 years of experience in software development, having built products used by hundreds of thousands daily.
- I have a decade-long journey in marketing, and our designer has had a product engaging a million users a month.
Given these factors and our early traction, I am keen on understanding how I should go about valuing MarketOwl for potential angel investors.
Any insights, experiences or advice would be immensely appreciated.Thank you in advance for your time and input!