Session 15: Valuing the market and young companies
In today’s class, we looked at how best to adapt valuation models to value companies on the dark side. Specifically, we examined how best to value young companies with limited information. If you are interested, try this paper on valuing young companies: papers.ssrn.com/sol3/papers.cfm?abstract_id=1418687 I also mentioned a blog post that you may find relevant for today’s discussion on how dilution in future years is already incorporated into value: aswathdamodaran.blogspot.com/2018/07/share-count-confusion-dilution-employee.html Start of the class test: www.stern.nyu.edu/~adamodar/pdfiles/eqnotes/dcfvaltests.pdf Slides: www.stern.nyu.edu/~adamodar/podcasts/valUGspr21/session15slides.pdf Post class test: www.stern.nyu.edu/~adamodar/pdfiles/eqnotes/postclass/session15Btest.pdf Post class test solution: www.stern.nyu.edu/~adamodar/pdfiles/eqnotes/postclass/session15Bsoln.pdf
