I want to invest in this pre-revenue startup. At what valuation?

At $5.0 million post-money.

Ready to value the pre-revenue startup you are looking at?

  1. Estimate after how many years you exit
  2. Forecast the startup’s annual revenue at exit
  3. Predict the buyer’s revenue multiple at exit
  4. Decide upon your portfolio IRR
  5. Estimate your probability of success
  6. Forecast your dilution till exit