Of course, there is much more to a startups success than market, technology and design execution, including team dynamics, the competitive field, surrounding ecosystem and the intellectual property conditions.
Most media attribute oil price slumps to oversupply from US fracking, omitting the fact that governments are discussing whether oil companies will be allowed to extract all the fossil fuel they've already priced into their stocks.
Understanding the steps that you can take before turning to a professional appraiser will save you time and money. More importantly, it will give you a sense of what goes into an appraisal and the objective criteria appraisers use to determine value.
Is Uber worth $18 billion? Hey, why not? But that doesn't matter. What matters is that a lot of smart people believe it's worth $18 billion and there are a lot of smart pundits and analysts will back up this belief too.
Seth Goldman's HONEST Tea is one of the most successful companies around today. They championed a business model that incorporates both social good and corporate consciousness -- making them part of a revolution that is changing the way we think about and do business.
Not every cheap stock is a buy. Some are too risky to take a gander at; others are too difficult to value. Finally, not every cheap stock is a good business. As Buffett always says, the idea is to buy a good business at a decent price, not a mediocre business at a very cheap price.