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Titlebook: Assessing the Economic Value of Venture Capital Contracts; An Option Pricing Ap Jil Caroline Onimus Book 2011 Gabler Verlag | Springer Fach

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发表于 2025-3-21 19:12:10 | 显示全部楼层 |阅读模式
期刊全称Assessing the Economic Value of Venture Capital Contracts
期刊简称An Option Pricing Ap
影响因子2023Jil Caroline Onimus
视频video
学科分类ebs-Forschung, Schriftenreihe der EUROPEAN BUSINESS SCHOOL Schloß Reichartshausen
图书封面Titlebook: Assessing the Economic Value of Venture Capital Contracts; An Option Pricing Ap Jil Caroline Onimus Book 2011 Gabler Verlag | Springer Fach
影响因子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 effects.
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发表于 2025-3-21 23:02:00 | 显示全部楼层
https://doi.org/10.1057/9780230597495 effects. To facilitate the analysis, the terms are categorized into three groups, depending on the type of option parameters that they influence. The groups are first analyzed separately (in Sections 3.1 to 3.3) and then integrated into a comprehensive model (in Section 3.4).
发表于 2025-3-22 03:47:09 | 显示全部楼层
,Preparing and clearing — table and tray,degrees of investor protection. In Sections 4.1 and 4.2, the author specifies the individual contract terms and shows how they can be combined to build full contracts. In Section 4.3, she presents and interprets the results from the LSM simulation.
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978-3-8349-2812-2Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011
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https://doi.org/10.1057/9780230597495This chapter describes the methodology employed to identify the options embedded in VC contracts (in Section 2.1), to assess their value while accounting for interaction effects (in Section 2.2), and to specify the parameters of the pricing model (in Section 2.3).
发表于 2025-3-23 02:08:01 | 显示全部楼层
https://doi.org/10.1007/978-1-349-80473-3This chapter summarizes and interprets the findings of the thesis and provides suggestions for future scientific research.
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