LEGAL-ASPECTS OF START-UP EVALUATION AND ADJUSTMENT METHODS

被引:2
作者
BOUILLETCORDONNIER, G
机构
关键词
D O I
10.1016/0883-9026(92)90006-D
中图分类号
F [经济];
学科分类号
02 ;
摘要
Because it is based on the expected future performance of the company, the evaluation or pricing of a start-up company is a subjective exercise and a controversial issue between the entrepreneur and his venture capital investors. However, at the time of the financing, some pricing adjustment devices can be employed to modify the initial issuance price of the securities and to help the parties reach an agreement. This article discusses the legal documentation and securities used for start-up financings and the legal aspects of different evaluation adjustment methods.
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页码:91 / 101
页数:11
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