1. Early‑stage valuation celebrates what’s possible This is one of the rare places in finance where vision and artistry is a legitimate input. You’re valuing ingenuity, ambition, and the potential to reshape a market, not just the assets that exist today. 2. The absence of traditional metrics is a feature, not a flaw When revenue and profits aren’t yet the story, founders and investors can focus on insight, velocity, and vision. It relies on creativity and strategic clarity w