I was wondering how you could value a Fintech SaaS Business and how to approach a business in general with little to no revenue in the first few years? What assumptions could you make? Would you just stick with EV/Rev multiples? Given the business would be sensitive to inputs how could you account for this?
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Assuming you mean it’s very small by the “little to no revenue” comment, so in that case I would look into using SDE to project true earnings power.
In terms of SaaS valuation in general, a quick google search will yield you better results that what I can regurgitate on this forum.
Some of the stuff is BS in this article, but here is a decent overview of common pre-revenue valuation strategies. https://masschallenge.org/article/how-to-value-a-startup-company-with-n…
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