Custom cover image
Custom cover image

Assessing the Economic Value of Venture Capital Contracts : An Option Pricing Approach / by Jil Caroline Onimus

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink BücherPublisher: Wiesbaden : Gabler Verlag / Springer Fachmedien Wiesbaden GmbH, Wiesbaden, 2011Description: Online-Ressource (XV, 153p. 6 illus, digital)ISBN:
  • 9783834966193
Subject(s): Additional physical formats: 9783834928122 | Buchausg. u.d.T.: Assessing the economic value of venture capital contracts. 1. ed. Wiesbaden : Gabler, 2011. XII, 153 S.DDC classification:
  • 657.8333
  • 658.152
  • 332 23
  • 332.0415401518282 22/ger
RVK: RVK: QK 620 | QP 752LOC classification:
  • HG1-9999 HG4501-6051 HG1501-HG3550
  • HG1-HG9999
  • HG4751
DOI: DOI: 10.1007/978-3-8349-6619-3Online resources: Summary: Jil C. Onimus makes a contribution to the nascent research line on the economic value of venture capital contracts which lies at the intersection of venture capital contract design and real option pricing. She identifies the baskets of real options embedded in model venture capital contracts as published by the National Venture Capital Association (NVCA) and shows how they can be priced in interaction using Least Squares Monte Carlo simulation. The pricing model is calibrated by means of a dataset of deal terms in Silicon Valley as well as industry statistics from the NVCA. By applying the model to standard investment scenarios (multiple financing rounds with multiple investors), the author obtains estimates of option values for individual terms and for full contracts with interaction effectsPPN: PPN: 165090553XPackage identifier: Produktsigel: ZDB-2-SBE
No physical items for this record
KIT – The University in the Helmholtz Association                         Home | Impressum | Datenschutz | Barrierefreiheit | KIT