Textbook
Venture Capital and the Finance of Innovation
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- Betas (Chapter 6): includes estimates of industry betas for the U.S. market premium, and country betas for the global market premium.
- VC Method (Chapter 10): used to make investment recommendations using the standard and modified versions of the VC method.
- DCF (Chapter 11): contains examples of reality-check models for three companies, a sample investment function, and industry statistics for DCF inputs.
- VCV (Chapters 13-18): contains templates for the valuation of preferred stock structures. Refer to Appendix C for more information.
- Bintree (Chapter 22): contains a 60-step binomial tree and modular worksheets for underlying asset value and option value.