Venture Valuation

In the course, special attention is put on valuation techniques for start-up companies (ventures) while also considering the special environment these firms operate in. Students will receive an overview of different valuation techniques applicable for the valuation of entrepreneurial ventures. The course will elaborate on generic and commonly used practices but also introduce students into case-specific valuation methods. Further, standard valuation methods will be analysed as to their applicability in different contexts. Valuation methods include the discounted cash flow and multiple approach. In addition, context-specific approaches to new venture valuation are considered. Furthermore, students are offered the opportunity to collect hands-on experience while applying the methods taught in exercises and case studies.