Valuation of high-tech companies requires modification of standard approaches
The valuation of early stage technology companies ("high-tech") is significantly more challenging than valuing more mature businesses in other industries. These companies are commonly characterized by ...
New 1999 pre-IPO discount study shows average discounts at 48.97%
"1999 Marketability Discounts as Reflected in Initial Public Offerings," Brian K. Pearson , CPA Expert , Spring 2000, pp. 1-6. A new study of pre-IPO transactions conducted by Valuation Advisors ...