The workshop is changed from December 3rd to December 5th for a networking event with multiple founders from Catalyst. Please email the instructor, David Touve ([email protected]) by Wednesday for RSVP.
Entrepreneurship seminars are a mix of case discussions, guest panels, and action-oriented workshops covering topics such as: founders agreements, incorporation, market analysis, product development, funding and deal terms, business models, investor presentations, etc.
Startup Valuation
One of the more difficult exercises to wrap our heads around can be the challenge of putting a specific price upon a startup company—particularly those ventures that are so early in their lifecycle that they are not yet earning revenue.
To provide context for the valuation challenge, note that the public markets—stock exchanges—provide very clear and up-to-the-minute windows into the valuation of publicly traded companies. Yet, even within these markets people disagree on the “true” value of any company, leading to constantly shifting valuations.
And so, today’s session will involve an overview of the variety of techniques that have been applied to make sense of and justify startup valuation, as well as a couple exercises through which we try to construct valuations.
INSTRUCTOR
David Touve, Senior Director, Ventures, Batten Institute for Entrepreneurship & Innovation