Pre-Seed companies sometimes do not even have a minimal viable product yet, their business case is an idea and likely to be changed quite frequently during the first 18 to 24 months until a first product market fit is tested. Numbers and financial plans are worth nothing at this stage. Yet, there are valuation models Business Angels use to evaluate such early-stage startups. The most prominent method one is the “Scorecard” method. Developed by Bill Payne, this top-down approach compares a startup to other typical startups at the same stage (investors benchmark the “standard” value of a pre-seed or early seed company in this case), within a geographic region and startup-sector (regtech, digital health, fintech, SaaS, etc.).
About Berthold Baurek-Karlic
This author has yet to write their bio.Meanwhile lets just say that we are proud Berthold Baurek-Karlic contributed a whooping 29 entries.
Entries by Berthold Baurek-Karlic
Company valuations – especially startup valuations – remain an art based on experience. We expect to see cuts of over 50% and tougher terms. Higher liquidation-preferences (multiples 2 to 3x) will be the new normal. The numbers about in this article reflect the current market view, based on feedback our valuation and transaction specialists gathered through interviews last week.
For most people, remote work is still a relative novelty. Even though laptops, cloud solutions and video calls are often supplementary to traditional office work, things become substantially more difficult once the entire team goes remote. It feels a little odd and you have to adapt and find ways to keep up your company culture – which can be tricky. We have summarized our personal, as well as learnings and insights of our startups for you in this article and hope sharing these will help you to work more efficiently from home in the coming weeks and maybe even beyond.
Fundraising is as much an art as it is hard work! We show you how it is done.
Why funding after an accelerator program tells us more than anything?
Digitization turns our world upside down – new business models, new organizational structures, new management, increasing automation and experimental strategies based on data. Corporate management, controlling and marketing demand completely different skills today, then just 10 years ago. Business is changing in all means and this can be felt most clearly in marketing. Growth Hacking, […]
Last week I joined Innovation Orbit on its stop in San Francisco and Berkeley, California for some exclusive professional classes to update myself a bit on leadership, innovation technics, and change of corporate culture.
A quick review of “Bits & Pretzels” – the Founders Festival in Munich.
Corporate Startup Engagement (CSE) is certainly a trend in 2017. In this rather comprehensive article, we want to share our experience on how to find the right startup engagement models.
Clever Clover invited current portfolio und prospective startups, experts, and investors to Amsterdam to share some news about the current portfolio and how they kickstarted NEO II. Venionaire started to work with Clever Clover a little bit less than a year ago.