Prof. Aswath Damodaran is THE worldwide leading expert when it comes to investment valuation. Now you can learn from the man himself how to value any kind of firm in any market! Our partner – the Institute of Mergers, Acquisitions and Alliances – invited him to Vienna for the 1st and 2nd December. We are able to offer you a … Read more
Nowadays, there are several discussions about a potential tech bubble in the US Venture industry. Valuations of companies like Uber make markets fear that the world is heading towards a crisis similar to the bursting of the dotcom bubble in the first decade of this millennium. But what is actually a “bubble”? There is a wide range of literature about economic … Read more
Many practitioners at venture capital funds use net present value (NPV) and discounted cash flow (DCF) as methods during their valuation process of early-stage companies. In fact, the International Private Equity and Venture Capital Valuation Guidelines focus mainly on those two methods. The weakness of these two methods is that they concentrate on a certain “expected scenario” of cashflows. For … Read more
Once confronted with the problem of evaluating an early stage company for the first time, you will find a number of valuation methods and sooner or later you will question yourself, which model does consider all the relevant factors.
The absence of comparable companies, the inexistence of historical data, the complexity to estimate volatility, and the large number of intangible … Read more
Work hard and grow fast! Take your opportunity and work global. Digital technologies allow startups to address global markets. It has never been as easy to build such a scalable business. Aside from a fabulous idea, a great team and a phenomenal product, receiving enough funding is essential to succeed on a global scale. As viral growth is rather considered … Read more