Early-Stage Valuation in Venture Capital
02 08 2022 - 02 08 2022
There is roughly $900 billion of investor money earmarked for venture capital investments. But how do you value an early-stage organization that has yet to generate any revenue? Join the New York Alternative Investment Roundtable for a discussion with Antonella Puca, a Managing Director at MPI Business Valuation and Advisory about the best ways to approach valuing early-stage investments.
Topics covered will include:
- Recent guidelines and new valuation assessment approaches
- How to apply market analysis
- Statistical techniques available -from option pricing models, to ESE valuation
- Current trends
- Regulatory guidance
Antonella Puca is a Managing Director with at MPI Business Valuation and Advisory, where she specializes in the valuation of private equity and venture-backed companies for financial and tax reporting, M&A transactions, buy-sell agreements, estate planning and litigation purposes. She has more than 20 years of experience in the alternative investment industry, with particular expertise in providing valuations of early-stage companies at fair value to private equity, venture capital and hedge funds, including the use of option pricing models and Monte Carlo Simulation. Her expertise also includes valuation of financial instruments of privately-held companies and she has valued companies in most majorindustry groups including technology, healthcare, mining, manufacturing, utilities, telecommunications, retail and service industries. Antonella serves on the Business Valuation Committee of the American Institute of Certified Public Accountants (AICPA) and as a consultant on the CFA exam development team. Prior to joining MPI, she held positions at valuation advisory firms including KPMG, RSM US and EY. She is the author of “Early Stage Valuation” and was named the 2021 Volunteer of the Year Award – Valuation Services of the American Institute of Certified Public Accountants.