This is a Darden case study. This note covers several frequently used methods to value early-stage companies and discusses some of the issues and difficulties encountered more generally in valuing privately held assets. The basic assumptions underlying the venture capital and the discounted cash flow methods of valuation are discussed in detail. In addition, the note attempts to provide some direction in making the appropriate trade-offs between the guidance provided by financial theory and the practical limitations posed by an illiquid asset class. A numerical example is given to highlight the key differences between the techniques.

【書誌情報】

ページ数：15ページ

サイズ：A4

商品番号：HBSP-UV1363

発行日：2005/6/8

登録日：2016/3/7