Earlier quoted context omitted.
I know. That'd give a post-money valuation of $51k, though, giving you a little less than 2% of the company in the end.
If I pay $1 for 20% of your stock, I'm saying your company is worth $5. I now have 20% worth $1. You have 80% worth $4.
Ultra High Level Programming Language
21–28 of 28 posts
Re: Ultra High Level Programming Language
#22Re: Ultra High Level Programming Language
#23Re: Ultra High Level Programming Language
#24Earlier quoted context omitted.
I know. That'd give a post-money valuation of $51k, though, giving you a little less than 2% of the company in the end.
If I pay $1 for 20% of your stock, I'm saying your company is worth $5. I now have 20% worth $1. You have 80% worth $4.
The assumption is that in an angel or VC round you'll create new shares for the investor to own. If there were no new shares, pre-money valuation would always equal post-money valuation (you're just selling shares) and all of your explanation would be fine.
Re: Ultra High Level Programming Language
#25Re: Ultra High Level Programming Language
#26//My first Maroon program Make me a "Hello, World!" program, written in Maroon.
"Make me a compiler for Maroon."
My second Maroon program:
"Make me a time machine to send the first Maroon program back to February 2008."
See? Nothing to it.
Re: Ultra High Level Programming Language
#27I already have a language like that, but instead of just text it takes in text and money and turns it into code. It's also pretty slow for a language, taking up to several months depending on the complexity of the problem.
Here's my algorithm: 1. Parse the program input with a lexical analyzer that: i. Loops through each character. ii. Appends it to a buffer. 2. Submit the lexed program to eLance with a 7-week bid. i. If someone with at least one project completed bids on it, continue. ii. If no one responds by the 7th day, return an error: "Syntax error in program. Please recode." 3. Accept the bid. 4. while(!checkIfIndianSentComplete…