> Regardless of what they are working on, if it doesn't exist, the value of it is presently zero.
That’s not true. Do you know how many multi-million-dollar companies have nothing more than an idea on a paper napkin that they managed to sell to investors? You didn’t even bring up the matter of whether they have investors who have placed a valuation on their business. Or even if they have paid into their own business’ equity, which is then of monetary value.
In fact a business’ monetary valuation has nothing to do with whether it has a product. Some high-value businesses have zero products. If we’re speaking valuation, what matters is the value of the assets they have listed under the business, their liabilities, their owner’s equity, etc.
That’s not true. Do you know how many multi-million-dollar companies have nothing more than an idea on a paper napkin that they managed to sell to investors? You didn’t even bring up the matter of whether they have investors who have placed a valuation on their business. Or even if they have paid into their own business’ equity, which is then of monetary value.
In fact a business’ monetary valuation has nothing to do with whether it has a product. Some high-value businesses have zero products. If we’re speaking valuation, what matters is the value of the assets they have listed under the business, their liabilities, their owner’s equity, etc.