US median pre-money valuation by series, 2025 vs 2026 to 30 September (PitchBook-NVCA)

Startup Valuation by Stage (2026): Pre-Seed to Series B

Median valuations and round sizes at seed, Series A and Series B in the US and the UK, with…


liquidation-preferences-startup-valuation

Liquidation Preferences Explained (With Exit Waterfall Tables)

One cap table, four sets of terms and five exit values, so you can see who gets paid what. A…


Startup Failure Rates by Year and Country (2026): What the Official Data Says

Official survival rates for the US, the EU and the UK, and how failure risk enters a valuation.…


Pre-Money vs Post-Money Valuation: Formula, Examples and the Option Pool Trap

The formula fits on one line. What a term sheet or SAFE actually costs you depends on what sits…


Equidam vs BizEquity: Which Valuation Platform Is Right for You?

Searching for a BizEquity alternative, or comparing business valuation software for your practice?…


Dilution: What It Is and How to Calculate It (4 Worked Examples)

Dilution is the fall in your ownership percentage when a company issues new shares. Your share…


Average Startup Valuation by Country (2026): Pre-Seed and Seed Data for 88 Countries and Territories

What angel, pre-seed and seed rounds were priced at in the US, the UK, Germany, India and 84 other…


Setting up your first ESOP, The Equidam Podcast Ep19 with Quintus Willemse of Share Council

Setting Up Your First ESOP with Quintus Willemse of Share Council [The Equidam Podcast – 19]

The Equidam Podcast, Episode 19. Quintus Willemse, founder of Share Council, on setting up a first…


The Risk Factor Summation Method: How It Works, With a 2026 Worked Example

Twelve risks, a five-point scale and a fixed dollar step. We score one US pre-seed company on every…


The Berkus Valuation Method: How It Works, With a 2026 Worked Example

Five elements, up to $500,000 each, added together. We explain where the method came from, what its…


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