Jessica Alba: Billionaire?

Milk N Cookies

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...or at least her organic diaper company's about to make her one:

Jessica Alba's Startup Is Worth Nearly $1 Billion

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Link

:ehh:
Not bad for a cute-but-mediocre actress. I know her husband is at home like :myman:

Isn't that other Jessica (Simpson) nearly worth a billion too?
I'm positive that she has been one for a few years now, she's got a clothing line that caters to all women & girls (I think babies too) and she also has a successful line of perfume & she's is or was a spokesperson for one of them weightloss companies either Jenny Craig or Weight Watchers.
 

Davin Black

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I'm positive that she has been one for a few years now, she's got a clothing line that caters to all women & girls (I think babies too) and she also has a successful line of perfume & she's is or was a spokesperson for one of them weightloss companies either Jenny Craig or Weight Watchers.
:wow:
These "dumb celebs" out here hustlin'.
 

Hov

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When your company is worth a million or billion or trillion dollars, that does not make you personally a million, billion or trillionaire. I don't understand why people keep saying this.

Especially when it's valued at a billion dollars, not sold at a billion dollars, lol.

Why does startup valuation matter?
Valuation matters to entrepreneurs because it determines the share of the company they have to give away to an investor in exchange for money. At the early stage the value of the company is close to zero, but the valuation has to be a lot higher than that. Why? Let’s say you are looking for a seed investment of around $100, 000 in exchange for about 10% of your company. Typical deal. Your pre-money valuation will be $ 1 million. This however, does not mean that your company is worth $1 million now. You probably could not sell it for that amount. Valuation at the early stages is a lot about the growth potential, as opposed to the present value.
 
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