Same same but different : how preferential claims trigger valuation discounts in equity tranches of VC-backed firms
Year of publication: |
2023
|
---|---|
Authors: | Kaboth, Julian ; Lodowicks, Arnd ; Schreiter, Maximilian ; Schwetzler, Bernhard |
Published in: |
Review of quantitative finance and accounting. - Dordrecht [u.a.] : Springer, ISSN 1573-7179, ZDB-ID 2009625-2. - Vol. 60.2023, 3, p. 877-914
|
Subject: | Liquidation preferences | Option pricing | Preferential claims | Venture capital finance | Risikokapital | Venture capital | Optionspreistheorie | Option pricing theory | Betriebliche Liquidität | Corporate liquidity |
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