Having evaluated four common methods for valuing early stage companies in a previous article, it’s time to take a closer look at the Seraf Method which builds on everything great that has come before it (with the debt of gratitude acknowledged!), but adds key refinements necessary to make it work reliably in real life. In a nutshell, the Seraf Method consists of four simple steps, which we have boiled down into three worksheets and a look-up table.