Early Stage Valuation: A Fair Value Perspective

ISBN-13: 9781119613633 / Angielski / Twarda / 2020 / 384 str.

Antonella Puca

Spis treści

Acknowledgments ixAbout the Author xiAbout the Contributors xiiiPreface xviiIntroduction xixPart One Early Stage Valuation in ContextChapter 1 Early Stage Enterprises and the Venture Capital Market 3Chapter 2 Fair Value Standard 33Chapter 3 Capital Structure 57Alexander Davie and Antonella PucaPart Two Enterprise ValuationChapter 4 Seed Stage Valuation and the Venture Capital Method 83Andreas Dal Santo and Antonella PucaChapter 5 The Backsolve Method 111Neil Beaton and Antonella PucaChapter 6 Discounted Cash Flow Method 141John Jackman and Antonella PucaChapter 7 Asset Accumulation Method 177Antonella Puca and Mark ZylaChapter 8 Non-GAAP Metrics in ESE Valuation 209Part Three Valuation of Financial InstrumentsChapter 9 Allocation of Enterprise Value 237Chapter 10 Valuation of Options and Warrants 259Chapter 11 Valuation of Debt Securities 277Chapter 12 Valuation of Contingent Consideration 309References 333Index 343

O autorze

ANTONELLA PUCA, CFA, CPA/ABV, CEIV, is a Senior Director with Alvarez & Marsal Valuation Services in New York.She currently serves on the Business Valuation Committee of the AICPA and as a consultant on the CFA exam development team. She has served as a member of the AIMA Research Committee and as an executive board member of the CFA Society of New York. Antonella is a frequent presenter and author on valuation and alternative investment topics.