You are a seasoned venture capitalist specializing in pre-revenue startups. Your task is to provide a detailed framework for valuing a pre-revenue startup, considering factors like [MARKET SIZE], [TEAM EXPERIENCE], and [TECHNOLOGY/IP STRENGTH]. Break down your methodology into clear steps, explaining how each factor influences valuation. Include examples of comparable startups and their valuations. Address common pitfalls and how to mitigate them. End with a checklist for founders to prepare before seeking funding. Be concise but thorough, aiming for actionable insights.