Session 23: Private Company Valuation
In this session, we started by looking at the challenges of valuing private-to-private transactions, where the buyer of a private business is undiversified and cares deeply about illiquidity, and how the values are depressed as a consequence. We then drew a contrast to the same company being valued by a public company, and argued that this should lead to private businesses increasingly become parts of public companies or going public themselves. In the final section of the class, we looked at valuing/pricing IPOs, and how to deal with offer proceeds from the IPO and the IPO process itself.
Start of the class test: https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/pvtcotest.pdf
Slides: https://pages.stern.nyu.edu/~adamodar/podcasts/valUGspr23/session23slides.pdf
Post class test: https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/postclass/session23Ftest.pdf
Post class test: https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/postclass/session23Fsoln.pdf
Видео Session 23: Private Company Valuation канала Aswath Damodaran
Start of the class test: https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/pvtcotest.pdf
Slides: https://pages.stern.nyu.edu/~adamodar/podcasts/valUGspr23/session23slides.pdf
Post class test: https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/postclass/session23Ftest.pdf
Post class test: https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/postclass/session23Fsoln.pdf
Видео Session 23: Private Company Valuation канала Aswath Damodaran
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
![Session 2B: Valuation Inputs - Equity Risk Premiums, Growth Rates and Terminal Value](https://i.ytimg.com/vi/MlHPAnFp3uo/default.jpg)
![Session 23: IPO Valuation and Real Options Introduction](https://i.ytimg.com/vi/wd1mcevm5BY/default.jpg)
![Session 4A: Statistical Distributions - Applications in Finance & Investing](https://i.ytimg.com/vi/bLO9-9dcdMw/default.jpg)
![Session 22: Asset Based and Private Company Valuation](https://i.ytimg.com/vi/1VUw9dVFJ64/default.jpg)
![Session 3A: Loose Ends in Valuation](https://i.ytimg.com/vi/T_gegih_20A/default.jpg)
![Session 16: Tying up Intrinsic Value](https://i.ytimg.com/vi/o7HirKysCKQ/default.jpg)
![Session 26: T'is the End!](https://i.ytimg.com/vi/RZaWZ1CUEB0/default.jpg)
![Session 25: Undeveloped Reserves and Options to Expand and Delay](https://i.ytimg.com/vi/xkVEyZ-DgFE/default.jpg)
![Session 25: Acquisitions (continued) and Value Enhancement](https://i.ytimg.com/vi/veCrq5J4MyY/default.jpg)
![Session 14: Last loose end and story telling in valuation](https://i.ytimg.com/vi/Eucz21yccvA/default.jpg)
![Session 11: Costs of Debt and Capital](https://i.ytimg.com/vi/qeqBhNG0GPs/default.jpg)
![Session 20: Other Approaches to Optimizing Debt Mix & Follow up](https://i.ytimg.com/vi/7pPl7T0hBqU/default.jpg)
![Session 16: The Google Car - Case Discussion and Project Options](https://i.ytimg.com/vi/nPLDJRWpNO0/default.jpg)
![Session 12: Valuation](https://i.ytimg.com/vi/iqyAHpXZ0Ws/default.jpg)
![Session 21: Debt Design (Continued)](https://i.ytimg.com/vi/cHmmQ6nhOy8/default.jpg)
![Data Update 5 for 2023: Profitability, Returns and Value](https://i.ytimg.com/vi/qfssMonQ8Ek/default.jpg)
![Session 12: Measuring Investment Returns](https://i.ytimg.com/vi/ZJX3likXr-I/default.jpg)
![Session 6: Implied Equity Risk Premiums and Betas](https://i.ytimg.com/vi/OyEYli9nosw/default.jpg)
![Session 25: More on Real Options](https://i.ytimg.com/vi/RS0mcisyg1M/default.jpg)
![Session 14: Last Loose Ends and Story to Numbers - Part 1](https://i.ytimg.com/vi/H2alc8ji11M/default.jpg)
![Session 12: Measuring Investment Returns (Show me the money!)](https://i.ytimg.com/vi/wxhAxyDVK3Q/default.jpg)