Bhagat, Sanjai - In: Journal of Risk Finance 15 (2014) January, pp. 94-98
Purpose – Venture capitalists typically use discount rates in the range of 30-70 percent. During the startup stage of venture-capital financing, discount rates between 50 and 70 percent are common. The discount rate decreases from the first through fourth stage: from 60 to 30 percent. These...