Startup Valuation & Cap Table
Two families of tools that students conflate. Berkus and Scorecard are scoring frameworks — disciplined ways to argue a pre-revenue number into existence, not valuations in any accounting sense. The VC method and the cap table are real arithmetic: every share and every unit of ownership must reconcile.
Blue — assumption you set Black — computed by the engineDouble rule = final figure, as in a working paper
Credit per factor
| Factor | Risk addressed | Score | Credit |
|---|---|---|---|
| Sound idea | Basic value | 70% | ₹2,80,00,000 |
| Prototype | Technology risk | 60% | ₹2,40,00,000 |
| Quality management team | Execution risk | 75% | ₹3,00,00,000 |
| Strategic relationships | Market risk | 40% | ₹1,60,00,000 |
| Product rollout or sales | Production risk | 30% | ₹1,20,00,000 |
| Ceiling at full marks (5 × cap) | ₹20,00,00,000 | ||
| Berkus pre-money total | ₹11,00,00,000 | ||
The total is a negotiation anchor, not a discounted value of anything. No cash flow was harmed — or consulted — in producing it.
Preset figures are illustrative teaching inputs, not live market data. Every computation on this page is performed by @/lib/engines/startup — the same code the API routes call and the test suite pins.