karenrands
Dec 29, 2025
Q: How is the valuation reached for a seed stage startup without the operating data ?
Businesses as a going concern are somewhat straightforward for traditional valuation methods. Startups usually do not have historical data, limited sales if any at all, unproven IP, and a lot of future potential based on assumptions. And in the US, region can inflate valuations.
How do you model that and account for conjecture vs verifiable data?
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