Valuing high growth potential companies: an international comparison of practices by leading venture capitalists and underwriters - HAL-SHS - Sciences de l'Homme et de la Société Accéder directement au contenu
Article Dans Une Revue Management international Année : 2001

Valuing high growth potential companies: an international comparison of practices by leading venture capitalists and underwriters

Gilles Copin
  • Fonction : Auteur
Colin Barrow
  • Fonction : Auteur
Alan Richardson
Julian Lange
  • Fonction : Auteur
Benoît Leleux
  • Fonction : Auteur
Louise Saint-Cyr
  • Fonction : Auteur

Résumé

This paper offers the first international comparison (France, Great Britain, United States, and Canada) of the processes used by venture capitalists and underwriters in the valuations of high growth potential companies, focussing in particular on the valuation processes and techniques used and the development and dissemination of valuation-specific knowledge. Differences between two groups and their key determinants are highlighted and tested using a sample of 174 valuation cases across 42 venture capital and 40 underwriting firms. The results support a large reliance on relatively simple valuation methods supported by extensive due diligences, reinforcing the important of negotiations and deal-making in the ultimate valuation results.
Fichier non déposé

Dates et versions

hal-02311634 , version 1 (07-11-2019)

Identifiants

  • HAL Id : hal-02311634 , version 1

Citer

Rémy Paliard, Gilles Copin, Colin Barrow, Alan Richardson, Julian Lange, et al.. Valuing high growth potential companies: an international comparison of practices by leading venture capitalists and underwriters. Management international, 2001, 6 (1), pp.55-73 P. ⟨hal-02311634⟩

Collections

EMLYON
64 Consultations
0 Téléchargements

Partager

Gmail Facebook X LinkedIn More