Very interesting and insightful! Definitely depending on the stage of the company you'd rely less on DCF and perhaps more so on public comps and txn. comps however you also have to keep in mind the DLOM (discount for lack of marketability). I actually put together a linear regression for valuing based on public comps. Happy to share my model and outline (im at katarinapetruzzo@gmail.com).
Very interesting and insightful! Definitely depending on the stage of the company you'd rely less on DCF and perhaps more so on public comps and txn. comps however you also have to keep in mind the DLOM (discount for lack of marketability). I actually put together a linear regression for valuing based on public comps. Happy to share my model and outline (im at katarinapetruzzo@gmail.com).