Diese Präsentation wurde erfolgreich gemeldet.

# New venture valuation - The venture capital method

Nächste SlideShare
Kiveda Group - NOAH15 London
×

1 von 5
1 von 5

# New venture valuation - The venture capital method

Just some slides explaining how venture capitalists value your startup, as thought at Massachusetts Institute of Technology.

Just some slides explaining how venture capitalists value your startup, as thought at Massachusetts Institute of Technology.

## Weitere Verwandte Inhalte

### Ähnliche Bücher

Kostenlos mit einer 30-tägigen Testversion von Scribd

Alle anzeigen

### Ähnliche Hörbücher

Kostenlos mit einer 30-tägigen Testversion von Scribd

Alle anzeigen

### New venture valuation - The venture capital method

1. 1. New venture valuation The venture capital method Floriano Bonfigli, floriano.bonfigli@gmail.com
2. 2. New venture valuation Earnings Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Post money Pre money Post IPO Pre IPO \$5M x 20 = \$100M \$5M: earnings after 5 years when company goes public, number coming from your business plan 20: value multipler for this kind of company when going public, number coming from the market \$100M: expected values of the company going public 0000 Step 1.
3. 3. New venture valuation Earnings Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Post money Pre money Post IPO Pre IPO \$5M x 20 = \$100M \$5M: earnings after 5 years when company goes public, number coming from your business plan 20: value multipler for this kind of company when going public, number coming from the market \$100M: expected values of the company going public 0000 \$13.2M IF In 5 years value of the company will be \$100M Then Step 1. Step 2. Now, the value of the company is \$13.2M (some financial math applied)
4. 4. New venture valuation Earnings Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Post money Pre money Post IPO Pre IPO \$5M x 20 = \$100M \$5M: earnings after 5 years when company goes public, number coming from your business plan 20: value multipler for this kind of company when going public, number coming from the market \$100M: expected values of the company going public 0000 \$13.2M IF In 5 years value of the company will be \$100M Then Step 1. Step 2. Step 3. Now, the value of the company is \$13.2M (some financial math applied) IF Then He will ask for \$5M/\$13.2M= 38% of the company The venture capital wants to invest \$5M
5. 5. Reference http://ocw.mit.edu/courses/sloan-school-of- management/15-431-entrepreneurial-finance- spring-2011/lecture- notes/MIT15_431S11_lec01.pdf