Can someone tell me how you get a pre money valuation of $15M...

  1. 225 Posts.
    Can someone tell me how you get a pre money valuation of $15M for a data centre business with no data centres in operation. They are only proposed data centres? Am I missing something?

    I like the space but unsure how they justify the $15M pre money valuation.

    Any thoughts would be appreciated.
 
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