Article
Why Entrepreneurs and VCs Disagree in Valuing Start-up Firms: Imputing the Target Rate of Return using DCF vs. Option-Based Approaches
David H Goldenberg and Michael D Goldenberg
The Journal of Private Equity Winter 2009, 13 (1) 73-79; DOI: https://doi.org/10.3905/JPE.2009.13.1.073
David H Goldenberg
is an associate professor at the Lally School of Management, Rensselaer Polytechnic Institute in Troy, NY.
Michael D Goldenberg
is a senior associate at a major management consulting firm in Philadelphia, PA.
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Why Entrepreneurs and VCs Disagree in Valuing Start-up Firms: Imputing the Target Rate of Return using DCF vs. Option-Based Approaches
David H Goldenberg, Michael D Goldenberg
The Journal of Private Equity Nov 2009, 13 (1) 73-79; DOI: 10.3905/JPE.2009.13.1.073
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