Valuing Early Stage and Venture-Backed Companies / Wiley Finance Editions (PDF)
(Sprache: Englisch)
Valuing Early Stage and Venture-Backed Companies
Unique in the overall sphere of business valuation, the valuing of early stage and venture-backed companies lacks the traditional metrics of cash flow, earnings, or even revenue at times. But without these...
Unique in the overall sphere of business valuation, the valuing of early stage and venture-backed companies lacks the traditional metrics of cash flow, earnings, or even revenue at times. But without these...
sofort als Download lieferbar
eBook (pdf)
Fr. 75.00
inkl. MwSt.
- Kreditkarte, Paypal, Rechnung
- Kostenloser tolino webreader
Produktdetails
Produktinformationen zu „Valuing Early Stage and Venture-Backed Companies / Wiley Finance Editions (PDF)“
Valuing Early Stage and Venture-Backed Companies
Unique in the overall sphere of business valuation, the valuing of early stage and venture-backed companies lacks the traditional metrics of cash flow, earnings, or even revenue at times. But without these metrics, traditional discounted cash flow models and comparison to public markets or private transactions take on less relevance, calling for a more "experiential" valuation approach.
In a straightforward, no-nonsense manner, the mystique surrounding the valuation of early stage and venture-backed companies is now unveiled. With an emphasis on applications and models, Valuing Early Stage and Venture-Backed Companies shows the most effective way for your company to prepare and present its valuations.
Featuring contributed chapters by a panel of top valuation experts, this book dispels improper valuation techniques promulgated by unknowing business appraisers and answers your key questions about valuation theory and which tools you need to successfully apply in your specific situation.
Here, you'll find out more about various valuation techniques, including:
* "Back solving" valuation
* Modified cost approach
* Option pricing model
* Probability-weighted expected returns model
* Asian puts
* New data on discounts for lack of marketability
Detailed and hands-on, Valuing Early Stage and Venture-Backed Companies equips you with broad foundational data on the venture capital industry, as well as in-depth analyses of distinct early stage company valuation approaches.
Performing valuations for your early stage company requires an understanding of the special circumstances faced by your organization. With ample examples of generally accepted allocation models with complex capital structures common to early stage companies, Valuing Early Stage and Venture-Backed Companies mixes real-life experience with deep technical expertise to equip you with the complete, user-friendly resource you'll turn to often in valuing your early stage or venture-backed company.
Unique in the overall sphere of business valuation, the valuing of early stage and venture-backed companies lacks the traditional metrics of cash flow, earnings, or even revenue at times. But without these metrics, traditional discounted cash flow models and comparison to public markets or private transactions take on less relevance, calling for a more "experiential" valuation approach.
In a straightforward, no-nonsense manner, the mystique surrounding the valuation of early stage and venture-backed companies is now unveiled. With an emphasis on applications and models, Valuing Early Stage and Venture-Backed Companies shows the most effective way for your company to prepare and present its valuations.
Featuring contributed chapters by a panel of top valuation experts, this book dispels improper valuation techniques promulgated by unknowing business appraisers and answers your key questions about valuation theory and which tools you need to successfully apply in your specific situation.
Here, you'll find out more about various valuation techniques, including:
* "Back solving" valuation
* Modified cost approach
* Option pricing model
* Probability-weighted expected returns model
* Asian puts
* New data on discounts for lack of marketability
Detailed and hands-on, Valuing Early Stage and Venture-Backed Companies equips you with broad foundational data on the venture capital industry, as well as in-depth analyses of distinct early stage company valuation approaches.
Performing valuations for your early stage company requires an understanding of the special circumstances faced by your organization. With ample examples of generally accepted allocation models with complex capital structures common to early stage companies, Valuing Early Stage and Venture-Backed Companies mixes real-life experience with deep technical expertise to equip you with the complete, user-friendly resource you'll turn to often in valuing your early stage or venture-backed company.
Inhaltsverzeichnis zu „Valuing Early Stage and Venture-Backed Companies / Wiley Finance Editions (PDF)“
Acknowledgments. About the Author. Preface. Chapter 1 Laying the Foundation. A Unique Landscape. An Overview of the Venture Capital Industry. Conclusion. Chapter 2 Understanding Early Stage Preferred Stock Rights. Stock Rights. Contractual Rights. Conclusion. Chapter 3 Enterprise Valuation Approaches. Relevancy of Traditional Valuation Approaches. Cost Approach. Market Approach. Income Approach. "Vectoring" Valuation Approach. The Income Approach as an Oxymoron. Conclusion. Chapter 4 Application of the Option-Pricing Method in Allocating Enterprise Value. Important Assumptions Underlying the Option-Pricing Model. Option-Pricing Method Steps in Application. Other Considerations in the Option-Pricing Method. Pros and Cons of the Option-Pricing Model. Conclusion. Chapter 5 Application of the Probability-Weighted Expected Returns Method in Allocating Enterprise Value. Illustration of the PWERM. PWERM Critical Assumptions. Overview of Stock Rights. Identification of Outcomes. Updating PWERM Analyses. Conclusion. Chapter 6 Applicable Discounts for Early Stage Companies. Basis of Discounts. Suggested "Corrections" to the Current Use of Put Models for Quantifying DLOMs. Dilution Discount. The Likelihood of Liquidity. Conclusion. Chapter 7 Advanced Valuation Topics for Early Stage Companies. Utilizing the OPM as a "Valuation" Methodology. Sequential and Compound Options. Allocating the Residual Value. Further Extensions for Compound Options. Venture Capital Rates of Return. Executive Stock Compensation. Conclusion. Appendix A Allocation of Enterprise Value Using the Option-Pricing Method: Treatment of Derivatives on Common Stock. Appendix B: Volatility in the Option-Pricing Model. Notes. Index.
Autoren-Porträt von Neil J. Beaton
NEIL J. BEATON, CPA/ABV, CFA, ASA, is a nationally known business valuation expert and speaker on the valuation of early stage companies. He is the National Partner in Charge of Valuation Services for Grant Thornton, LLP, an international audit, tax, and financial advisory services firm. He has more than twenty-seven years of professional experience and is a recognized expert witness in state and federal courts as well as international tribunals. He has authored an AICPA publication on valuing stock options and intangible assets for financial reporting purposes.
Bibliographische Angaben
- Autor: Neil J. Beaton
- 2010, 1. Auflage, 224 Seiten, Englisch
- Verlag: John Wiley & Sons
- ISBN-10: 0470602740
- ISBN-13: 9780470602744
- Erscheinungsdatum: 19.02.2010
Abhängig von Bildschirmgrösse und eingestellter Schriftgrösse kann die Seitenzahl auf Ihrem Lesegerät variieren.
eBook Informationen
- Dateiformat: PDF
- Grösse: 6.21 MB
- Mit Kopierschutz
Sprache:
Englisch
Kopierschutz
Dieses eBook können Sie uneingeschränkt auf allen Geräten der tolino Familie lesen. Zum Lesen auf sonstigen eReadern und am PC benötigen Sie eine Adobe ID.
Kommentar zu "Valuing Early Stage and Venture-Backed Companies / Wiley Finance Editions"
0 Gebrauchte Artikel zu „Valuing Early Stage and Venture-Backed Companies / Wiley Finance Editions“
Zustand | Preis | Porto | Zahlung | Verkäufer | Rating |
---|
Schreiben Sie einen Kommentar zu "Valuing Early Stage and Venture-Backed Companies / Wiley Finance Editions".
Kommentar verfassen