Scorecard valuation for early-stage pre-revenue start-up companies

Date

2017

Author

Akdağ, Olcay Alptuğ

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This master’s thesis aims to value early-stage pre-revenue start- ups with scorecard method. Discount cash flow method is applied to model so as to construct projection and calculate present value as a benchmark company while qualitative questionnaire is scored by an angel investor in order to associate firm specific risks. Financials and scores are gathered from authorities and interviews with investor and investee. The thesis also investigates whether method is applicable in practical manner or not. Final consideration is negotiation of both parties on percentage of company.

Subject Keywords

Start-up costs., New business enterprises., Start-up costs, New business enterprises

URI

http://etd.lib.metu.edu.tr/upload/12621330/index.pdf
https://hdl.handle.net/11511/26865

Collections

Graduate School of Social Sciences, Thesis

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Citation Formats

O. A. Akdağ, “Scorecard valuation for early-stage pre-revenue start-up companies,” M.S. - Master of Science, Middle East Technical University, 2017.