Q1: Should 1Valhalla Partner's make an investment in Telco Exchange? What valuation do you think is appropriate? Valhalla should make an immediate decision to invest in Telco Exchange since the organization possess many components and strength which make it a good investment for Valhalla since they can make up to 6'? million dollar from the company as a Return Un Investment. The El? million dollar has been arrived at using the valuation by DCF method using the WACC in Appendile The following are the reasons why I consider Telco exchange a potential investment for venture capitalists; the company's products are projected to grow since they are products which help organizations manage their telecom assets and reduce the cost of their voice and data cost networks, this company falls in the category Ty'alhalla would like to invest in. Secondly, Telco have been in the protable market since EDGE, their sales of up to $ 25, per software has enabled them to yield an annual revenue of ED million in only four years' time. 'Ihirdly; the company's strategic alliances with companies such as IKUN, Marriot and AT SIT projects a good future for the company since they are able to capture a wider market using referrals from their CUStDJDE'I'S