BTL Maths Teachers

[PM-Junkie]

Early runner for post of the year goes to Bogeyman. Very well said sir.

[AtW]

You will have made millions then through your brilliantly insightful predictions?

At what level should my SKA Inc be valued for you to consider it financial success, would £1 mln be sufficient threshold for your judgement?

[bogeyman]

At what level should my SKA Inc be valued for you to consider it financial success, would £1 mln be sufficient threshold for your judgement?

It's vapourware.

It has zero value.

Go on Dragons Den and take the heat if you are so confident.

[AtW]

It's vapourware. It has zero value. Go on Dragons Den and take the heat if you are so confident.

I am not asking you to value my company, what I am saying is this - at what level of independent proper money based valuation (ie investor buying shares for cash and thus valueing the company) would you consider SKA Inc a success? Say £250k, or £500, or £1 mln?

Dragons I think invest maybe £50k for 30%, thus valueing company at £150-200k. Let's suppose this happened, would you have then considered SKA Inc a success at this valuation?

[bogeyman]

I am not asking you to value my company, what I am saying is this - at what level of independent proper money based valuation (ie investor buying shares for cash and thus valueing the company) would you consider SKA Inc a success? Say £250k, or £500, or £1 mln?

Dragons I think invest maybe £50k for 30%, thus valueing company at £150-200k. Let's suppose this happened, would you have then considered SKA Inc a success at this valuation?

The SKA proposition is essentially worthless.

You might mug some investor into putting up cash, but God help them, they'd have to be fecking stupid.

What does SKA offer (and continue to offer) to an investor?

Bugger all as far as I can see.

Any patents?

[AtW]

Bugger all as far as I can see.

I am not asking you to value my company.

I am asking you at what level of independent valuation (exactly how is not your problem - it's the amount we talking about) would you change your mind and say that SKA Inc is a success.

It's simple really, £1 mln is high enough for you? Or maybe you cut me some slack and say that if it is valued at £500k then it's a success?

[Liability]

I am not asking you to value my company.

I am asking you at what level of independent valuation (exactly how is not your problem - it's the amount we talking about) would you change your mind and say that SKA Inc is a success.

It's simple really, £1 mln is high enough for you? Or maybe you cut me some slack and say that if it is valued at £500k then it's a success?

interested in seeing how this goes Atw - being serious.

When you going to reveal this? Or give everyone a heads up?

[bogeyman]

I am not asking you to value my company.

I am asking you at what level of independent valuation would you change your mind and say that SKA Inc is a success.

It's simple really, £1 mln is high enough for you? Or maybe you cut me some slack and say that if it is valued at £500k then it's a success?

An 'Independent' (i.e. a mug's) valuation is not the point.

What collateral does this idea have in terms of IP/patents?

So you are intimating that someone reckons your SKA is worth £1M - so what. Can you realise that?

My business is worth much more than that on paper, but could I convert it into cash tomorrow? Fat chance - sadly.

[bogeyman]

interested in seeing how this goes Atw - being serious.

When you going to reveal this? Or give everyone a heads up?

Priceless

[AtW]

So you are intimating that someone reckons your SKA is worth £1M - so what. Can you realise that?

I am not intimating anything - I just used £1 mln cutoff at fairly obvious point when one's small business would probably be considered a success, I asked your own value and offered steps down: £250k, £500k, perhaps you'd judge it a success if company is valued at £5 mln or £50 mln - I don't know, that's why I asked you that simple question and you started picking up on things that are irrelevant.

So, let me repeat the question - at what level of valuation of my company would you eat your words that it is failure/unsuccessful (and by extension myself as the person who runs it)?

£250k?

£500k?

£1 mln?

£5 mln?

This is NOT a question of how much you or anyone else values or may value int he future the company.