Valuation Trends in Private Equity

An executive summary on the Privcap thought-leadership series on company valuation.

Featured experts:

Richard Brekka, Second Alpha Partners
Max Wolff, Manhattan Venture Partners
Chris LaDue, RSM
Kevin Vannucci, RSM

Key Findings:

1. With valuation policies, the more robust and transparent, the better
2. A robust strategy helps GPs defend against second-guessing
3. “Calibration” is increasingly important in valuation methodologies
4. When valuing a “unicorn,” GPs should focus on fundamentals
5. GPs should beware conflicts of interest in early-stage valuations