Thanks for this article. As an adviser, I had numerous meetings with the founders and valuation team. Sometimes, both parties just don’t seem eye-to-eye with one another and I have to keep filling up the gap between them to make sure both agreed to the value.
The article really gives a good summary on all possible valuation methods for startup. Entrepreneurs should take a good read of this before pitching to the investors. (You won’t want to look like a prey in front of the “Lion”!)