We develop a valuation model for venture capital-backed companies and apply it to 135 U.S. unicorns - private companies with reported valuations above $1 billion. We value unicorns using financial terms from legal filings and find reported unicorn post-money valuation average 50% above fair...

Because of the recent surge in the number of unicorns and their role in spurring entrepreneurship and social impacts, venture capitalists, entrepreneurs, and regulators are concerned about how startup firms are valued. This is due to a lack of financial and historical information about startups...

A Practical Guide for Startup Valuation - An Analytic Approach -- introduction to startup valuation: from idea to ipo -- From Planning to Valuation: Mastering Business Planning and Sensitivity Analysis for Your Startup -- Valuation versus Pricing: A conceptual and practical guide to estimate...

VC tells the riveting story of how the venture capital industry arose from the United States' long-running orientation toward entrepreneurship. From nineteenth-century whaling to the multitude of firms pursuing entrepreneurial finance today, venture capital has been driven by the pull of...