Question
You are valuing a young, high growth company that's currently unprofitable and will forecast its future cashflows using a bottom-up approach? You can either forecast
You can either forecast the startup's future market share using an "L-curve" or an "S-curve". Which curve is likely to give you a higher valuation?
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Fundamentals of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
3rd edition
1118845897, 978-1118845899
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