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How to value an early-stage startup

If a startup doesn’t have revenue yet, what valuation methods can I use in an IB interview?

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Top answer
on Feb 11, 2025

For early-stage startups without revenue, I would use the Venture Capital method to assess future potential, or look at comparable companies that have gone through similar stages.

The Scorecard method is also helpful, as it involves evaluating the startup based on factors like the team and market, then adjusting the valuation accordingly.

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