How do Angel investors value a business with no revenues ?

There are 5 methods for establishing the pre-money valuation of pre-revenue companies, specifically: The Scorecard Method (Bill Payne) -most widely used: takes into account  6 to 7 factors  and assigns them a weighted factor based on the strength/weakness (+/-) percentage of norm:  Strength of the Management Team         … Continue ReadingHow do Angel investors value a business with no revenues ?