Valuing Investments in Start-Ups

Travis W. Harms, CFA, CPA/ABV, Senior Vice President, presented Valuing Investments in Start-Ups at the AICPA’s 2017 Forensic & Valuation Services Conference November 15, 2017, in Las Vegas, Nevada.

An explanation of Travis’ presentation, Valuing Investments in Start-Ups, is available below:

For many early-stage companies, traditional valuation metrics such as revenue and profit may not exist, and earnings projections can seem quite speculative. Yet, venture capital firms regularly value interests in such firms. In this session, Travis explains the vocabulary and concepts that valuation specialists need to master to value such investments.

Learning Objectives:

  • How early-stage companies are financed
  • Understand key valuation methods for estimating the value of early-stage companies
  • Obtain techniques for valuing individual components of early-stage capital structures