Smith and Smith apply current thinking in the areas of valuation, real options, and the economics of contracts to new venture decision making. Readers learn to think of new ventures as portfolios of real options, value financial claims of the entrepreneur and venture capital investors, and structure financial contracts in light of new venture information problems. They also learn to use simulation and scenario analysis to evaluate the implications of uncertainty and financial decisions. Stresses the importance of strategy in new venture planning. Develops real-world context through relevant examples. Spreadsheet modeling and simulation using custom software provides hands-on learning.
- ISBN10 0471230723
- ISBN13 9780471230724
- Publish Date 10 October 2003 (first published 2 February 2000)
- Publish Status Out of Stock
- Out of Print 10 March 2011
- Publish Country US
- Imprint John Wiley & Sons Inc
- Edition 2nd Revised edition
- Format Hardcover
- Pages 640
- Language English