In the dot-com boom of the 1990s, the valuation of early-stage companies was more art than science. Fledgling companies with little or no revenue were commanding huge valuations, at times eclipsing the market values of many well-established “old economy” businesses. Fast forward 20 years and in the aftermath of a recession, valuations are now scrutinized rather than blindly accepted. In today’s unpredictable financial atmosphere, it is more important than ever for early-stage and venture-backed companies to have a foundation built upon realistic valuations.
Neil Beaton, national partner-in-charge of Grant Thornton’s Valuation Services, provides a step-by-step valuation guide in his new book, Valuing Early Stage and Venture-Backed Companies. Top valuation practitioners walk through new techniques for applying options methods, pros and cons of the option pricing model, and the popular and widely used AICPA Practice Aid. The book provides technical guidance to help businesses not only figure out what they’re worth, but how to increase value. Learn more >>.
Learn how investigators in bankruptcy proceedings, criminal and civil prosecution cases, civil litigation, and other situations use transactional footprints to follow the money trail.
Illiquid assets, which are characteristically difficult to value, are often found in hedge fund portfolios. Funds can attract investors by increasing transparency around these assets. Learn more.
The Hiring Incentives to Restore Employment (HIRE) Act creates new tax incentives for hiring unemployed workers who are not employed for more than 40 hours in the 60 days before their hiring.
