Probably an equity question too. If you demo in March and look for funding, your answer is your valuation. Write $4mil, VC gives you 2mil, they get 50%.
maybe i'm misunderstanding you, but the question is hypothetical and your response isn't shared anywhere outside the app. (i.e. you're not binding yourself to anything by claiming a particularly high or low valuation)
on another note, your company's valuation is determined by what people are willing to pay :)
I look at it as the reserve price of an auction. Ultimately, a startup is worth what people are willing to pay for it, but under a certain price, I'd rather hold onto the startup and try to grow it than sell it.
on another note, your company's valuation is determined by what people are willing to pay :)