Story vs. RealityRight now we are buying a story or a promise. As soon as they prove the model and get one sale under their belts then it is no longer a story, but an actual business.
Valuation is fair with the story and actions taken, but if we don't see a sale in the next 6-9 months, the story loses credibility, and the valuation will adjust accordingly.
This is still an interesting story and I'm holding my posiiton.