On Saturday, 28th May 2022, CAiN Program held an “Angel Investing Workshop 02: Valuation of Startups/Businesses” at The Desk Flagship – Daun Penh.
This session was led by Mr. Sim Sisavuthara, CEO & Founder of Nexus Capital & Investment Advisory Co., Ltd.
Objective
- To provide practical knowledge of how to do valuation for a company based on company used approaches.
- To gain insight on which circumstance of any approaches would be applied (context and rational).
- To share a case study (a startup from previous pitch session).
Key Takeaway:
- Archetypal Startup’s life begins from getting Started, Proof of concept, Product market fit, Scaling and Exit.
- Valuation and funding terminology: Pre-money valuation, Post-money valuation, Round (Investment round) and Seed round.
- Determining early-stage pre-money valuation:
- Company Factors (Founders/Board of directors, Market size/revenue projections, Customer traction and Exit potential)
- Deal Factors: Pre-money valuation/investment, Amount already invested, Stage of the startup and Need for additional investment
- Macro environment factors: Industry trend, Economy and Regulatory
- Startup Valuation methods: Berkus, Venture Capital and Comparable Transaction.