What is Valuation and what is it based on?

Seraf uses the latest round's share price to determine the current value of equity holdings, unless there's a more recently dated valuation recorded. Non-stock holdings such as notes and SAFES are valued at cost, while options and warrants have no value associated with them until vested or exercised.

Enterprise account holders can also record a valuation for each individual round, regardless of security type, to reflect the value of their current holdings. 

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