Description
Book SynopsisTable of ContentsAcknowledgments ix
About the Author xi
About the Contributors xiii
Preface xvii
Introduction xix
Part One Early Stage Valuation in Context
Chapter 1 Early Stage Enterprises and the Venture Capital Market 3
Chapter 2 Fair Value Standard 33
Chapter 3 Capital Structure 57
Alexander Davie and Antonella Puca
Part Two Enterprise Valuation
Chapter 4 Seed Stage Valuation and the Venture Capital Method 83
Andreas Dal Santo and Antonella Puca
Chapter 5 The Backsolve Method 111
Neil Beaton and Antonella Puca
Chapter 6 Discounted Cash Flow Method 141
John Jackman and Antonella Puca
Chapter 7 Asset Accumulation Method 177
Antonella Puca and Mark Zyla
Chapter 8 Non-GAAP Metrics in ESE Valuation 209
Part Three Valuation of Financial Instruments
Chapter 9 Allocation of Enterprise Value 237
Chapter 10 Valuation of Options and Warrants 259
Chapter 11 Valuation of Debt Securities 277
Chapter 12 Valuation of Contingent Consideration 309
References 333
Index 343