We are discussing investment in a pre revenue software company that has developed a mobile application for the healthcare industry. On the plus side we can demonstrate the product in action, on the minus side we havnt actually sold any products/ licenses yet. Hence the valuation proposed by a would-be investor is very low. We are looking for some ammunition to argue back on potential value of similar peer companies.
Does anyone have any information on a source to find a list of historic deals indicating prices at which early stage software companies may have been acquired. The bankers always seem to come up with lists and databases, but this deal is too small for a banker.
