Ann: MIGGSTER achieves 3 million pre-registrations milestone, page-65

Have been buying up EM1O but haven't been posting on the threads.

Looking at it like a SaaS company, the unknowns are what prerego numbers will be by the 14 Nov launch and the conversion rate to actual users. Let's say 10% of the current pre-registration converts so 300k users x 71 = 21.3m ARR. Median SaaS multiples are 8.2 x ARR for valuations suggesting around 160m which is roughly 20c excluding options etc.

I'm leaning towards 300k being conservative considering its only been a week of registrations and a while to launch so I'm loading up based on this.

Really keen to see actual conversion on launch.