Pre-money comparison — Berkus vs Risk Factor Summation

Fill in both methods and compare the results. All values are in euros (€).

Comparison
Berkus Method
Risk Factor Summation

Results side by side

Berkus Method
€0
Risk Factor Summation
€0
Average of the two methods (suggested valuation)
€0
Min–max range
€0 – €0
Spread between methods
0%

The two methods should not be added together: they would double-count similar factors (e.g. the team). The average is a reference point, not an exact figure — use the range as a basis for negotiation.

Extension: combined post-money valuation

Post-money valuation (on average)
€0
Equity given to the investor
0%

Base assumptions

Standard Berkus convention: each driver can contribute up to this cap (historically $500k).

Value drivers level 1 = 20% of the max, level 5 = 100%

Berkus result

Pre-money valuation
€0

Base assumptions

Risk factors rating from −2 to +2, step 0.5

RFS result

Total risk adjustment
€0
Pre-money valuation
€0