Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 24 5 pts RiskyBiz is a very ambitious but also very risky early-stage venture that is negotiating its first venture round. John Hedgemaster, the

image text in transcribed

Question 24 5 pts RiskyBiz is a very ambitious but also very risky early-stage venture that is negotiating its first venture round. John Hedgemaster, the partner in charge of evaluating RiskyBiz, comes up with the following guesstimates: - time-to-exit: 3 years - probability to survive each year: 10% - discount rate: 20% - expected exit value: $120M. Compute the post-money valuation of RiskyBiz according to John. O 50.6M O 46.1M O 41.6M

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Victorian Literature And Finance

Authors: Francis O'Gorman

1st Edition

0199281920, 978-0199281923

More Books

Students also viewed these Finance questions