EBITDA Market Capitalization Specific Risk 
Equidam
NOVEMBER 22, 2021
You can refer to the table at this link to see how they will change for your country specifically. 2 | Industry EBITDA multiples used in the VC and DCF with multiple. Our multiples are based on public market conditions at the beginning of current year. Data is gathered at a global level, and aggregated by industry.
Equidam
APRIL 22, 2025
4] , [3] , [5] Unlike mature, publicly listed companies which are easier to compare using multiples of current earnings (like EBITDA) [3] , startups must be valued based on their projected future; moats, margins and the perceived strength of their future growth trajectory. [3] 3] Valuation serves as a critical input for decision-making.
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