What is the First Chicago Startup Valuation Method?

The?First Chicago?valuation method differs from other methods I've listed up until now, like?Scorecard,?Berkus,?or?Venture Capital, in that qualitative analysis comes into play, and additional financial projection is needed to implement it.

While other methods are fundamentally pre-revenue and rely more on market analysis, comparison with other startups, or risk management analysis, the?First Chicago?method depends on cash flow and earnings to calculate the final valuation, thus a level of growth & revenue is expected in the startup.

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