Valuation Of Internet Start Ups An Applied Research On How Venture Capitalists Value Internet Start Ups

Author : Jean-Baptiste Flanc
Publisher : Unknown
Page : 0 pages
File Size : 49,8 Mb
Release : 2014
Category : Business enterprises
ISBN : 395489582X

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Valuation of Internet Start-ups: An Applied Research on How Venture Capitalists Value Internet Start-ups by Jean-Baptiste Flanc Pdf

This book deals with the valuation of Internet start-ups after the burst of the dot-com bubble. The objective is to fill some of the existing gaps in order to contribute to the development of this field of study. Indeed, it is a relatively recent subject, and the research devoted to it, is still limited. The valuation of an Internet start-up does not only depend on ist stage of development, but also on five qualitative factors, namely the team, the business model, the market, the risk, and the exit options. In fact, venture capitalists base their valuation on the perceived growth potential of.

Author : Jean-Baptiste Flanc
Publisher : Unknown
Page : 84 pages
File Size : 43,7 Mb
Release : 2012-12-07
Category : Electronic
ISBN : 3656319073

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Valuation of Internet Start-Ups by Jean-Baptiste Flanc Pdf

Master's Thesis from the year 2012 in the subject Business economics - Investment and Finance, grade: none, Business School INSEEC Paris - Bordeaux, language: English, abstract: This dissertation paper deals specifically with the valuation of Internet start-ups after the burst of dot-com bubble. The objective is to contribute to the development of this field of study by filling some of the existing gaps. Indeed, it is a relatively recent subject, and the research devoted to it is still limited. It has been found that the valuation of an Internet start-up does not only depend on its stage of development, but also on five qualitative factors: the team, the business model, the market, the risk, and the exit options. In fact, venture capitalists base their valuation on the perceived growth potential of the company. Subsequently, this dissertation paper addresses the issue of intangible assets. In fact, an Internet company derives most of its value from its intellectual capital, brand equity, and website. These intangible assets, as well as their accounting treatment, are deeply analyzed. It has been noticed the misclassification of their expenses can have a considerable impact on the valuation of the company. The discounted cash flow valuation method, which is based on financial projections, and the relative valuation method, which is based on comparables, are identified and examined in-depth. Their analysis is crucial to determine how to properly value an Internet start-up.

Author : Martin Grossmann
Publisher : Springer Science & Business Media
Page : 331 pages
File Size : 49,8 Mb
Release : 2012-12-06
Category : Science
ISBN : 9783642574320

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Entrepreneurship in Biotechnology by Martin Grossmann Pdf

Research and development of novel medicines for human therapy commonly takes over a decade before significant revenues from sales are forthcoming. How can biotechnology companies be founded and grow successfully in an industry with such extended innovation processes? The book investigates this problem and distinguishes three growth phases: From incorporation and start-up through collaborative R&D with large pharmaceutical firms to value creation from R&D pipelines to Public Offerings and product marketing. In this book a dynamic simulation model for testing different decision-making strategies is developed. For each phase the author identifies decision rules that provide for successful corporate growth.

Author : Mohan Sawhney,Ranjay Gulati,Anthony Paoni,The Kellogg TechVenture Team
Publisher : John Wiley & Sons
Page : 365 pages
File Size : 40,8 Mb
Release : 2002-02-28
Category : Business & Economics
ISBN : 9780471189558

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TechVenture by Mohan Sawhney,Ranjay Gulati,Anthony Paoni,The Kellogg TechVenture Team Pdf

Drawn from the popular TechVenture program at the Kellogg School of Management, this book provides a deep understanding of the key finance and business trends in e-commerce Viewing Silicon Valley as a test lab for e-commerce strategies, this book delivers the latest financial and business models shaping the e-commerce industry. TechVenture focuses on the Silicon Valley phenomenon, the new financial strategies, and evolving e-business models. Each chapter draws from field research and interviews with the top minds in business today, and covers the most recent advances in e-finance, including: technology incubators, start-up funds, measuring intellectual capital, valuation techniques for Internet firms, and emerging technologies. In addition, TechVenture features intriguing and informative case studies and examples of major companies, including Idealab, Merrill Lynch, Pfizer, and Amazon.com. General business and finance readers, as well as those fascinated by the Internet economy, will find TechVenture an invaluable read that is on the cutting edge of e-business. Mohanbir Sawhney (Evanston, IL) is the McCormick Tribune Professor of Electronic Commerce and Technology at the Kellogg Graduate School of Management, Northwestern University. Mr. Sawhney was recently named one of the twenty-five most influential people in e-business by Business Week magazine. Ranjay Gulati (Chicago, IL) is the Associate Professor of Management and Organizations at the Kellogg Graduate School of Management and the Director of the Center for Resource on E-Business Innovation. Anthony Paoni (Chicago, IL) is Associate Professor at the Kellogg Graduate School of Management.

Author : Christoph Philipp Wessendorf
Publisher : Springer Nature
Page : 290 pages
File Size : 55,8 Mb
Release : 2021-08-24
Category : Business & Economics
ISBN : 9783658349448

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Indicating Value in Early-Stage Technology Venture Valuation by Christoph Philipp Wessendorf Pdf

Fundraising for venture capital investments have continued to increase in recent years. One crucial step in the investment process is the valuation of the target company. Investors are faced with the great challenge of valuing a young venture without a corporate or financial history, a firm customer relationship or even a business model, while still taking into account the tremendous growth potential. Especially the valuation of technology companies is a difficult and often subjective process. Motivated by these considerations, this dissertation details a design science research project, which aims to develop an artifact that improves the indication of value in early-stage technology venture valuation while enabling operationalizable and fair valuation. This approach ensures a more meaningful valuation and better applicability to early-stage technology ventures compared to traditional methods while supporting the deliberate reduction of information asymmetries between entrepreneurs and investors. Firm-specific characteristics and practical applicability are taken into account.

Author : Douglas Cumming
Publisher : Oxford University Press
Page : 936 pages
File Size : 52,5 Mb
Release : 2012-02-10
Category : Business & Economics
ISBN : 9780199920921

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The Oxford Handbook of Entrepreneurial Finance by Douglas Cumming Pdf

The topic of Entrepreneurial Finance involves many issues, including but not limited to the risks and returns to being an entrepreneur, financial contracting, business planning, capital gaps and the availability of capital, market booms and busts, public policy and international differences in entrepreneurial finance stemming from differences in laws, institutions and culture. As these issues are so extremely broad and complex, the academic and practitioner literature on topic usually focuses on at most one or two of these issues at one time. The Oxford Handbook of Entrepreneurial Finance provides a comprehensive picture of issues dealing with different sources of entrepreneurial finance and different issues with financing entrepreneurs. The Handbook comprises contributions from 48 authors based in 12 different countries. It is organized into seven parts, the first of which introduces the issues, explains the organization of the Handbook, and briefly summarizes the contributions made by the authors in each of the chapters. Part II covers the topics pertaining to financing new industries and the returns and risk to being an entrepreneur. Part III deals with entrepreneurial capital structure. Part IV discusses business planning, funding and funding gaps in entrepreneurial finance with a focus on credit markets. Part V provides analyses of the main alternative sources of entrepreneurial finance. Part VI considers issues in public policy towards entrepreneurial finance. Part VII considers international differences in entrepreneurial finance, including analyses of entrepreneurial finance in weak institutional environments as well as microfinance.

Author : Janet Kiholm Smith,Richard L. Smith,Richard T. Bliss
Publisher : Stanford University Press
Page : 694 pages
File Size : 44,8 Mb
Release : 2011-03-22
Category : Business & Economics
ISBN : 9780804777582

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Entrepreneurial Finance by Janet Kiholm Smith,Richard L. Smith,Richard T. Bliss Pdf

Entrepreneurial Finance: Strategy, Valuation, and Deal Structure applies the theory and methods of finance and economics to the rapidly evolving field of entrepreneurial finance. This approach reveals how entrepreneurs, venture capitalists, and outside investors can rely on academic foundations as a framework to guide decision making. Unlike other texts, this book prepares readers for a wide variety of situations and problems that stakeholders might confront in an entrepreneurial venture. Readers will find a unique and direct focus on value creation as the objective of each strategic and financial choice that an entrepreneur or investor makes. The authors specifically address the influences of risk and uncertainty on new venture success, devoting substantial attention to methods of financial modeling and contract design. Finally, the authors provide a comprehensive survey of approaches to new venture valuation, with an emphasis on applications. The book appeals to a wide range of teaching and learning preferences. To help bring the book to life, simulation exercises appear throughout the text. For those who favor the case method, the authors provide a series of interactive cases that correspond with the book chapters, as well as suggestions for published cases. Finally, the book is organized to complement the development of a business plan for those who wish to create one as they read along. Entrepreneurial Finance is most effectively used in conjunction with a companion website, http://www.sup.org/entrepreneurialfinance. On this site, Venture.Sim simulation software, spreadsheets, templates, simulation applications, interactive cases, and tutorials are available for download. For those teaching from the book, the authors also provide an invaluable suite of instructor's resources.

Author : M. S. van Geenhuizen,Dariusz M. Trzmielak,David V. Gibson,Maciej Urbaniak,Alejandro Ibarra-Yunez
Publisher : Purdue University Press
Page : 391 pages
File Size : 42,8 Mb
Release : 2009
Category : Business & Economics
ISBN : 9781557535139

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Value-added Partnering and Innovation in a Changing World by M. S. van Geenhuizen,Dariusz M. Trzmielak,David V. Gibson,Maciej Urbaniak,Alejandro Ibarra-Yunez Pdf

This volume addresses the challenges faced by value-added networking and innovation, both for firms' strategies and public policies in a context increasingly influenced by dynamics of interacting networks that underlie knowledge, creation, diffusion, and utilization. Part one deals with national institutions and policies to support science, networking, and innovation, ranging from legislation affecting university business relationships, national support systems for high-technology firms, to systems through which country brands can be developed. Part two addresses the need for value-added learning by local and regional governments concerning the building of an innovation system and the adoption of new ICT applications in cities. Part three focuses on firms, their management and strategies, and their performance in terms of innovativeness and growth.

Author : Kaveh Sheibani
Publisher : ORLAB Analytics
Page : 68 pages
File Size : 49,8 Mb
Release : 2011-08-31
Category : Business & Economics
ISBN : 8210379456XXX

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Journal of Applied Operational Research by Kaveh Sheibani Pdf

We are pleased to welcome readers to this issue of the Journal of Applied Operational Research (JAOR), Volume 3, Number 2. The journal reports on developments in all aspects of operational research, including the latest advances and applications. It is a primarily goal of the journal to focus on and publish practical case studies which illustrate real-life applications.

Author : Florinda Matos
Publisher : Academic Conferences and publishing limited
Page : 596 pages
File Size : 40,5 Mb
Release : 2022-11-10
Category : Business & Economics
ISBN : 9781914587580

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ECMLG 2022 18th European Conference on Management, Leadership and Governance by Florinda Matos Pdf

Author : Eric G. Swedin,David L. Ferro
Publisher : Bloomsbury Publishing USA
Page : 320 pages
File Size : 40,9 Mb
Release : 2022-07-08
Category : Computers
ISBN : 9781440866050

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The Computer by Eric G. Swedin,David L. Ferro Pdf

This book, aimed at general readers, covers the entirety of computing history from antiquity to the present, placing the story of computing into the broader context of politics, economics, society, and more. Computers dominate the world we live in, and this book describes how we got here. The Computer: A Brief History of the Machine That Changed the World covers topics from early efforts at mathematical computation back in ancient times, such as the abacus and the Antikythera device, through Babbage's Difference Engine and the Hollerith Tabulating Machines of the 19th century, to the eventual invention of the modern computer during World War II and its aftermath. The scope of the text reaches into the modern day, with chapters on social media and the influence of computers and technology on recent elections. The information in this book, perfect for readers new to the topic or those looking to delve into the history of computers in greater detail, can be accessed both chronologically and topically. With chapters focusing on larger time periods as well as shorter subsections covering specific people and topics, this book is designed to make the history of computing as approachable as possible.

Author : Casper Lassenius,Kari Smolander
Publisher : Springer
Page : 307 pages
File Size : 51,9 Mb
Release : 2014-06-17
Category : Business & Economics
ISBN : 9783319087382

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Software Business. Towards Continuous Value Delivery by Casper Lassenius,Kari Smolander Pdf

This book contains the refereed proceedings of the 5th International Conference on Software Business (ICSOB) held in Paphos, Cyprus, in June 2014. The theme of the event was "Shortening the Time to Market: From Short Cycle Times to Continuous Value Delivery." The 18 full papers, two short papers, two industrial papers, and two doctoral consortium abstracts accepted for ICSOB were selected from 45 submissions and are organized in sections on: strategic aspects, start-ups and software business, products and service business, software development, ecosystems, and platforms and enterprises.

Author : Lorenzo Carver
Publisher : John Wiley & Sons
Page : 293 pages
File Size : 46,5 Mb
Release : 2011-11-15
Category : Business & Economics
ISBN : 9781118182338

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Venture Capital Valuation by Lorenzo Carver Pdf

Very few of the decision makers involved in a venture backed company have a definitive understanding of how valuation techniques are being applied to their financial statements and their decision making process. This casebook provides a quick and accurate road map on how valuation techniques used for tax, financial reporting and deal structure impact a company's past, present and future. The book includes real world case studies to simplify this complex subject for the practitioners serving companies, the founders and executives running the companies, and the investors that fund the companies.

Author : Ruth Bender
Publisher : Routledge
Page : 445 pages
File Size : 46,6 Mb
Release : 2013-11-07
Category : Business & Economics
ISBN : 9781136181092

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Corporate Financial Strategy by Ruth Bender Pdf

The field of Corporate Finance has developed into a fairly complex one from its origins focussed on a company's business and financial needs (financing, risk management, capitalization and budgeting). Corporate Financial Strategy provides a critical introduction to the field and in doing so shows how organizations' financial strategies can be aligned with their overall business strategies. Retaining the popular fundamentals of previous editions, the new edition brings things up to date with an array of new examples and cases, new pedagogical features such as learning objectives and suggested further reading, and includes new material on mergers and acquisitions, and valuations and forecasting. Unlike other textbooks, Ruth Bender writes from the perspective of the firm rather than the investor. Combined with a structure driven by issues, the result is a textbook which is perfectly suited to those studying corporate finance and financial strategy at advanced undergraduate, postgraduate and executive education levels.

Author : Rajiv Misra,Muttukrishnan Rajarajan,Bharadwaj Veeravalli,Nishtha Kesswani,Ashok Patel
Publisher : Springer Nature
Page : 380 pages
File Size : 53,6 Mb
Release : 2023-07-24
Category : Technology & Engineering
ISBN : 9789811997198

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Internet of Things (IoT): Key Digital Trends Shaping the Future by Rajiv Misra,Muttukrishnan Rajarajan,Bharadwaj Veeravalli,Nishtha Kesswani,Ashok Patel Pdf

The book is a collection of high-quality research papers presented at 7th International Conference on Internet of Things and Connected Technologies (ICIoTCT 2022), held at Indian Institute of Technology (IIT) Patna, Bihar, India during 29–30 September 2022. This book presents recent advances on IoT and connected technologies. This book is designed for marketing managers, business professionals, researchers, academicians, and graduate-level students seeking to learn how IoT and connecting technologies increase the amount of data gained through devices, enhance customer experience, and widen the scope of IoT analytics in enhancing customer marketing outcomes.