Startup Valuation Based on Black-Scholes Option Pricing Model

Student: Alabuzhev Dmitrii

Supervisor: Pavel Malyshev

Educational Programme: Economics (Bachelor)

Year of Graduation: 2019

The following paper discovers a problem with a fair valuation based on Black Scholes model and real valuation. Research based on IIDF portfolio companies, including 24 companies, shows that there is no huge difference in results between these models.

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