Valuecruncher Newsletter – Early Stage Valuation – A DCF Approach

This Newsletter is a follow-up to the 30 March 2007 Newsletter Early Stage Valuations – A Venture Capital Approach. Since then we have extended our framework for the valuation of high-growth/pre-revenue companies. The Valuecruncher valuation report for early stage companies incorporates the Venture Capital (VC) approach and a detailed discounted cash flow (DCF) based scenario analysis. This Newsletter focuses on the appropriate DCF framework to use for early stage companies. Read more…

More on this topic (What's this?)
What is a Ventual Capital? (Investing School, 8/16/10)
Guest Post : Guide to successful VC investments (Green World Investor, 8/4/10)
Barack Obama: Venture Capital Czar (The Contrary Investing Report, 8/6/10)
Read more on Venture Capital (VC) at Wikinvest

This entry was posted on Thursday, August 16th, 2007 at 12:07 pm and is filed under VC Valuation, Valuation Basics, Valuecruncher, Valuecruncher Newsletters. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Valuecruncher Newsletter – Early Stage Valuation – A DCF Approach”

  1. Valuecruncher » Blog Archive » Valuecruncher Newsletter: Liquidation Preferences in Early Stage Companies – Part 1 Says:
    October 12th, 2007 at 5:08 pm

    [...] This Newsletter continues Valuecruncher’s series on the valuation of early stage companies. We have previously covered alternative methods for valuing an early stage company (here and here) and now look at how that valuation is distributed across different equity instruments. Early stage companies generally have a number of different equity instruments in their capitalisation tables. Typically Founders will have common stock, employees will hold stock options and Investors (Venture Capitalists) will hold preferred stock. Each of these instruments represents different claims on the company’s equity.    [...]

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