Browsing NHH Brage by Author "Lomheim, Kristian Hansen"
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Can European unicorns defend the high valuations? : a challenge of the post-money valuation approach
Lomheim, Kristian Hansen; Øritsland, Ola Thune (Master thesis, 2018)We apply a DCF-based R-model on a sample of 12 European unicorns to show that postmoney valuations overstate the fair value of VC-backed companies. At best, the initial result suggests that the majority of the sample is ...