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Informationen zum Autor 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. Klappentext Find out what your early stage business is really worth--and what you can do to increase its value even moreOne of the most misconstrued concepts in business today, valuation has also rapidly become one of the most important for business owners in today's unpredictable financial atmosphere.An experiential and practical guide drawn from author and valuation expert Neil Beaton's fifteen years of focused start-up work, Valuing Early Stage and Venture-Backed Companies equips you with a solid foundation of the ins and outs of early stage and venture-backed valuations--no matter what your field.This step-by-step guide offers contributions from top valuation practitioners, walking you through:* New techniques for applying options methods* The pros and cons of the option pricing model* Early stage preferred stock rights* Applicable discounts for early stage companies* New procedures for implementing the probability-weighted expected returns method* Valuation theory, the consensus view on application, and the tools to apply them* The popular and widely used AICPA Practice Aid, Valuation of Privately-Held Company Equity Securities Issued as CompensationValuing Early Stage and Venture-Backed Companies replaces bewildering computations with technical expertise to help you figure out what your business is really worth, and how you can increase that value starting today. Zusammenfassung Find out what your early stage business is really worth--and what you can do to increase its value even moreOne of the most misconstrued concepts in business today, valuation has also rapidly become one of the most important for business owners in today's unpredictable financial atmosphere.An experiential and practical guide drawn from author and valuation expert Neil Beaton's fifteen years of focused start-up work, Valuing Early Stage and Venture-Backed Companies equips you with a solid foundation of the ins and outs of early stage and venture-backed valuations--no matter what your field.This step-by-step guide offers contributions from top valuation practitioners, walking you through:* New techniques for applying options methods* The pros and cons of the option pricing model* Early stage preferred stock rights* Applicable discounts for early stage companies* New procedures for implementing the probability-weighted expected returns method* Valuation theory, the consensus view on application, and the tools to apply them* The popular and widely used AICPA Practice Aid, Valuation of Privately-Held Company Equity Securities Issued as CompensationValuing Early Stage and Venture-Backed Companies replaces bewildering computations with technical expertise to help you figure out what your business is really worth, and how you can increase that value starting today. Inhaltsverzeichnis Preface ix Acknowledgments xi About the Author xiii CHAPTER 1 Laying the Foundation 1 A Unique Landscape 1 An Overview of the Venture Capital Industry 8 Conclusion 14 CHAPTER 2 Understanding Early Stage Preferred Stock Rights 17 Stock Rights 19 Contractual Rights 28 Conclusion 32 CHAPTER 3 Enterprise Valuation Approaches 35 Relevancy of Traditional Valuation Approaches 35 Cost Approach 40 Market...
