How do I get a $3m valuation?

You valued your startup at $1.9m:


You think you’re worth $3m.


We have an app for that.

Plug in what you think your worth and you get:


This means that for a $3m valuation you either need a plausible argument for the investor for a $1.6m instead of a $1.0m EBITDA:


Or you need a plausible argument for a 7.8 instead of 5.0 EBITDA multiple:


Or 1 instead of 3 milestones between seed and exit:


Or a probability of success per milestones of 93% instead of 80%.

Or an IRR of -5,1% instead of 10,0% (not very likely).

Or an exit after -1,7 instead of 3 years (not very likely either).

Or you play around until you feel you have a plausible combination of assumptions:


That’s how you get a $3m valuation.


Thanks to Hans Westerhof and Chretien Herben.

Joachim Blazer is founder at Venture Value. Contact him at

Venture Value does startup valuations for founders who want to raise money with an investor.