Fact checked by Katrina Munichiello Reviewed by Samantha Silberstein Share ownership in a private company is usually quite difficult to value due to the absence of a public market for the shares.
If you audit or manage a startup company or other privately held business, don't overlook the treatment of stock-based compensation. If you do, the financials might not stand up to an audit, which ...
Ivashina, Victoria. "Discounted Cash Flows (DCF) Valuation Methods and Their Application in Private Equity." Harvard Business School Technical Note 221-012, August 2020.