Venture capital and the finance of innovation /
Andrew Metrick, Ayako Yasuda.
- 2 ed.
- New York : Wiley, 2011.
- xxiii, 549 p. : il., etc.
Includes index.
Machine generated contents note: Pte. 1. VC Basics -- Cap. 1. The VC Industry -- 2. VC Players -- 3. VC Returns. -- 4. The Cost of Venture Capital -- 5. The Best VCs -- 6 VC Around the World -- Pte. 2. Total Valuation. -- Cap. 7. The Analysis of VC Investments -- 8. Term Sheets -- 9. Preferred Stock -- 10. The VC Method -- 11. Discounted-Cash-Flow Analysis of Growth Companies -- 12. Comparables Analysis -- Pte. 3. Partial Valuation -- Cap. 13. Option Pricing -- 14. The Valuation of Preferred Stock -- 15. Later-Round Investments -- 16. Participating Convertible Preferred Stock -- 17. Implied Valuation -- 18. Complex Structures -- Pte. 4. The Finance of Innovation -- Cap. 19. R&D Finance -- 20. Monte Carlo Simulation -- 21. Real Options -- 22. Binomial Trees -- 23. Game Theory -- 24. R&D Valuation -- Appendix A Information Sources for Venture Capital -- Appendix B Sample Term Sheet -- Appendix C The VCFI Spreadsheets -- Appendix D Guide to Crystal Ball -- Glossary -- Index.
"This useful guide walks venture capitalists through the principles of finance and the financial models that underlie venture capital decisions. It presents a new unified treatment of investment decision making and mark-to-market valuation. The discussions of risk-return and cost-of-capital calculations have been updated with the latest information. The most current industry data is included to demonstrate large changes in venture capital investments since 1999. The coverage of the real-options methodology has also been streamlined and includes new connections to venture capital valuation. In addition, venture capitalists will find revised information on the reality-check valuation model to allow for greater flexibility in growth assumptions."--
Bibliographic resource of the General Collection : Available in Miami Sub-Library : United States.
9780470454701 (hardback)
Venture Capital Technological Innovations--Finance