We have little the doubt the product is fantastic - who doesnt love a hot spicy peanut sauce and it has a great back story. But it's made 'at home' and has not been scaled. For investors to see a 10X return the business needs to be valued at £9.5m (excluding tax reliefs). So how can it now be valued at £950k?
We talk about overtrading a lot on here. Small companies trying to grow...
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Friday January 25, 2019
Hardman and Co’s Brian Moretta in conversation with ECF Buzz Founder Rob Murray Brown on start up investing, equity crowdfunding and what’s a good read.