# User count : Users don't have to pay but, if they are supporters , then even better ! # Effectiveness of marketing : If we can attract high value customers for a low price then its possible to get a better valuation as it shows that our business model is very effective . # Growth rate : User count needs to increase ? # Experienced teamates : If people with previous experience in start ups is backing or is part of the team , then valuation increases . # Full time > Part time team # Minimal viable product MVP + early adopters can bring in investments in the range of 500k $ to 1.5 M $ # Market size / warm leads - Goverment interest - German university - Patreon supporters