Page 109 - Avendus Huran Flipbook 2026
P. 109
U35
First-generation Founders Company Next-generation Leaders Company
Category Criteria Multiple Valuation Thresholds (USD mn) Valuation Thresholds (USD mn)
A 10x 500 1000
B 5x 250 500
C 2x 100 200
D 1x 50 100
U40
Category Criteria Multiple First-generation Founders Company Next-generation Leaders Company
Valuation Thresholds (USD mn) Valuation Thresholds (USD mn)
A 10x 1000 2000
B 5x 500 1000
C 2x 200 400
D 1x 100 200
Uth Series 2025 • First Principles | 107
