Musings on Markets

FEBRUARY 10, 2021

If you put all your money in one or the other of these companies, you are exposed to all these risks, but if you spread your bets across a dozen or more companies, you will find that company-specific risk gets averaged out. US , Europe , Emerging Markets , Japan , Australia/NZ & Canada , Global ) 2. as mature markets.

Risk-free Rate 52

Risk-free Rate Risk Premium Start-ups Equity 52

Appraiser Newsroom

JUNE 4, 2024

She recently received the 2021 LCPA Women to Watch Most Experienced Leader Award. He is a frequent presenter on valuation topics, and is currently a subject matter expert on the Appraisal Foundation’s working group preparing a Valuation Advisory on the Company-Specific Risk Premium.

Business Valuation 59

Business Valuation Intangible Assets Appraisal Finance 59

Equidam

JUNE 30, 2025

Indeed, companies valued primarily on revenue multiples during 2020-2021 are now the most vulnerable to down rounds. Case Study : Consider a SaaS company that raised $10M at a $50M valuation in 2021 (25x their $2M ARR). Here’s how Equidam approaches this: 1.

Equity 59

Equity Marketability Risk-free Rate Start-ups 59

Equidam

APRIL 22, 2025

10] , [23] , [2] Discount Rate: The rate used to discount future cash flows is typically the cost of equity, calculated via the Capital Asset Pricing Model (CAPM): Cost of Equity = Risk-Free Rate + Beta * Market Risk Premium. [23] 23] Risk-Free Rate: Tied to government bond yields (e.g.,

Discounted Cash Flow 64

Discounted Cash Flow Terminal Value Marketability EBITDA 64