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...

We present a model in which investors observe the same macroeconomic data but have varying levels of information about the parameters that determine the distribution of the expected returns on investment. During a crisis that increases macroeconomic uncertainty and reduces asset prices, the...