Publications
Publications
- October 2005 (Revised December 2006)
- HBS Case Collection
Funding New Ventures: Valuation, Financing, and Capitalization Tables
Abstract
Explains the concept of implied valuation--i.e., the valuation that can be inferred from a financing event--and how such valuations and financings are represented in a "cap" or capitalization table for a new venture.
Keywords
Citation
Roberts, Michael J. "Funding New Ventures: Valuation, Financing, and Capitalization Tables." Harvard Business School Background Note 806-058, October 2005. (Revised December 2006.)