Cherry Picking Intermediaries: From Venture Capital to Private Equity Funds
摘要
This chapter emphasizes how Venture Capital (VC), Private Equity (PE), and Equity Crowdfunding specialized intermediaries deliver necessary risk capital and strategic assistance, particularly during periods when traditional banking falls short due to elevated risks and insufficient collateral. The chapter also investigates Discounted Cash Flows (DCF), multiples, the Dividend Discount Model (DDM), and other startup and scaleup valuation approaches. By addressing important research voids, the chapter highlights the importance of these financial intermediaries in supporting startups from their inception to their scaleup phase, thereby contributing to their development and the wider entrepreneurial ecosystem.