Startup Valuation
From Strategic Business Planning to Digital Networking
- © 2021
- Roberto Moro-Visconti 0
Catholic University of the Sacred Heart, Milan, Italy
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- Offers an up-to-date guide of the valuation patterns of startups
- Bridges theory and industry for applicability to real-life situations
- Features case studies of FinTechs, digital platforms, and e-Health applications
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About this book
This book offers a primer on the valuation of startups. Innovative startups are characterized by high growth potential that usually absorbs liquidity. This is unattractive for traditional banks, replaced by other specialized intermediaries such as venture capital or private equity funds, which diversify their portfolio basing their strategies on a multi-year exit. Startups coexist in an evolving ecosystem with established firms, to which they transfer innovativeness, technology, flexibility, and time-to-market speed, contributing to reinvent the business models and receiving from mature firms feedback on the current market features, the existing clients, and their unsatisfied needs. The valuation paradigms represent a central issue for any start-upper seeking external finance, either from family and friends or through a wider professional placement. This book, complemented by practical cases (concerning, for instance, FinTechs, digital platforms, and e-Health applications) offers aguide to practitioners, students, and academics about the trendy valuation patterns of the startups based on their strategic business planning
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Table of contents (15 chapters)
Front matter, introduction.
Roberto Moro-Visconti
From Business Models to Business Planning
Profitability, intangible value creation, and scalability patterns, boosting sustainable growth with innovative intangibles, cherry-picking intermediaries: from venture capital to private equity funds, early-stage and debt-free startups, leveraging startup’s development with debt, a comprehensive valuation metrics, industry applications, fintech valuation, from informal financial intermediaries to microfintech valuation, digital platforms and network catalyzers, from netflix to youtube: over-the-top and video-on-demand platform valuation, e-health and telemedicine startup valuation, foodtech and agritech startup valuation, back matter, authors and affiliations, about the author, bibliographic information.
Book Title : Startup Valuation
Book Subtitle : From Strategic Business Planning to Digital Networking
Authors : Roberto Moro-Visconti
DOI : https://doi.org/10.1007/978-3-030-71608-0
Publisher : Palgrave Macmillan Cham
eBook Packages : Economics and Finance , Economics and Finance (R0)
Copyright Information : The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN : 978-3-030-71607-3 Published: 18 April 2021
Softcover ISBN : 978-3-030-71610-3 Published: 18 April 2022
eBook ISBN : 978-3-030-71608-0 Published: 17 April 2021
Edition Number : 1
Number of Pages : XIX, 401
Number of Illustrations : 7 b/w illustrations, 110 illustrations in colour
Topics : Business Finance , Entrepreneurship , Start-Ups/Venture Capital
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JSmol Viewer
Visualizing hospital management data in r shiny—a case study.
1. Introduction
2. materials and methods.
Click here to enlarge figure
3.1. The Application
3.2. use case: the index department, 3.2.1. performance monitoring, 3.2.2. decision support, 3.2.3. beyond shiny, 4. discussion, 5. conclusions, supplementary materials, author contributions, institutional review board statement, informed consent statement, data availability statement, conflicts of interest.
| Abbreviation or Acronym | Full Text |
|---|---|
| AD | Anno Domini |
| CA | Catchment area |
| CMI | Case mix index |
| COVID-19 | Coronavirus disease 2019 |
| CSV | Comma-separated values file |
| CTI | Car travelling isochrone |
| DRG | Diagnosis-related group |
| GIS | Geographic information system |
| HIS | Hospital information system |
| IAPP | Interactive application |
| ICD | International classification of diseases and related health problems |
| ICPM | International classification of procedures in medicine |
| KPI | Key performance indicator |
| LOS | Length of stay |
| MDGN | Main diagnose |
| MIT | Massachusetts Institute of Technology |
| MPRC | Main procedure |
| MRI | Magnetic resonance imaging |
| NP | Number of patients |
| OPS | Operationen- und Prozedurenschlüssel |
| OR | Operating room |
| ORPS | Online reported patient satisfaction |
| OS | Operating system |
| RDS | R data serialization file |
| RVR | Reimbursed valuation ratio |
| SHP | Shapefile |
| SOP | Standard operating procedure |
| SWOT | Strengths, weaknesses, opportunities and threats |
| WHO | World Health Organization |
| ZIP | Lossless data compression file |
| Service | Ref. nr. * | Processes German Geoinformation | Integrates Internal and External Information | Provides Basic KPI ** | Allows for Reputation Monitoring | Available for Free |
|---|---|---|---|---|---|---|
| GeoCare | [ ] | No | No | No | No | Yes |
| Deutsches Krankenhausverzeichnis | [ ] | Yes | No | No | No | Yes |
| WHO *** Accesmod 5 | [ ] | Yes | No | No | No | Yes |
| Domo | [ ] | Yes | Yes | Yes | Yes | No |
| Advanced MD | [ ] | Unknown | Yes | Yes | Yes | No |
| Tableau | [ ] | Yes | Yes | Yes | Unkown | No |
| Power BI | [ ] | Yes | Yes | Yes | Unkown | No |
| Our App | [ , ] | Yes | Yes | Yes | Yes | Yes |
| Month * | 183 ** | 186 *** | … |
|---|---|---|---|
| 1 | 18 | 1 | . |
| 2 | 21 | 2 | . |
| 3 | 28 | 3 | . |
| . | . | . | . |
| . | . | . | . |
| . | . | . | . |
| Month * | Patients ** | valuationRatios ** | meanLOS |
|---|---|---|---|
| 1 | 26 | 100 | 0 |
| 2 | 25 | 157 | 2 |
| 3 | 36 | 204 | 0 |
| . | . | . | . |
| . | . | . | . |
| . | . | . | . |
| Month * | M48.06 ** | M51.1 *** | … |
|---|---|---|---|
| 1 | 2 | 4 | . |
| 2 | 3 | 2 | . |
| 3 | 7 | 3 | . |
| . | . | . | . |
| . | . | . | . |
| . | . | . | . |
| Month * | 5-032.00 ** | 8-914.12 *** | … |
|---|---|---|---|
| 1 | n/a | 5 | . |
| 2 | 2 | 2 | . |
| 3 | 4 | 3 | . |
| . | . | . | . |
| . | . | . | . |
| . | . | . | . |
| Month * | Evaluation ** | Frequency *** |
|---|---|---|
| −2 | 0 | 1 |
| 3 | 6 | 1 |
| 5 | 6 | 2 |
| . | . | . |
| . | . | . |
| . | . | . |
| Loc * | Long ** | Lat ** | Alt | Class |
|---|---|---|---|---|
| HEF | 9.71345 | 50.87573 | Hospital Bad Hersfeld | Index Hospital |
| GI | 8.66635 | 50.57467 | University Hospital Giessen | Neighbouring Hospital (Hesse) |
| EF | 11.01048 | 50.99336 | Hospital Erfurt | Neighbouring Hospital (Other) |
| . | . | . | . | |
| . | . | . | . | |
| . | . | . | . |
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| Positive | Negative | |
|---|---|---|
| Internal | Strengths | Weaknesses |
| monthly updates on basic KPI *, investment-friendly management, tumor boards, department of neurology | need to compile other performance indicators, missing neurosurgical SOPs **, no neurosurgical training authorization, ageing workforce/staff shortage, limited resources (technology, OR , beds) | |
| External | Opportunities | Threats |
| subsidence of the COVID-19 pandemic, demographics, forthcoming healthcare reform, funding inquiry for projected new hospital building | competitive environment, suboptimal reputation |
| Overall Evaluation Less Than 4 * | Overall Evaluation 4 * or Higher | |
|---|---|---|
| Prior to service resumption | 1 | 0 |
| After service resumption | 0 | 10 |
| District of Hersfeld-Rotenburg * | Elsewhere ** | |
|---|---|---|
| Months 1–12 after service resumption | 341 | 61 |
| Months 13–24 after service resumption | 410 | 108 |
| The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of MDPI and/or the editor(s). MDPI and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content. |
Share and Cite
Voellger, B.; Malesevic-Lepir, M.; Abdelrehim, M.A.H.; Bockelmann, D. Visualizing Hospital Management Data in R Shiny—A Case Study. Healthcare 2024 , 12 , 1846. https://doi.org/10.3390/healthcare12181846
Voellger B, Malesevic-Lepir M, Abdelrehim MAH, Bockelmann D. Visualizing Hospital Management Data in R Shiny—A Case Study. Healthcare . 2024; 12(18):1846. https://doi.org/10.3390/healthcare12181846
Voellger, Benjamin, Milica Malesevic-Lepir, Mohamed A. Hafez Abdelrehim, and Dalibor Bockelmann. 2024. "Visualizing Hospital Management Data in R Shiny—A Case Study" Healthcare 12, no. 18: 1846. https://doi.org/10.3390/healthcare12181846
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This book is divided into 13 chapters, each of which explores a different aspect of startup valuation. In Chap. 2, titled "Introduction to Startup Valuation: From Idea to IPO", we provide an overview of startups and startup valuation, discussing the different players in the startup ecosystem, explaining the fundamentals of valuation, nancing.
The case study of this paper focuses on valuing Zoom on October 2020 using several valuation methodologies. The outcome of the case study provides a share value of between $344.5 and $440.6, which is aligned with the estimations made by several investment banks in that period of time.
Growth Assets. The bulk of a young company's value comes from growth assets. Consequently, the difficulties that we have in assessing the value of growth assets are at the heart of whether we can value these companies in the first place. There are several problems that we run into, when valuing young companies:
Startup Valuation HEC Paris Gerard Casas 3 ABSTRACT This thesis consists of two main sections: an exploration of the literature on startups and their valuation, and a focused case study on Duolingo. The initial part of the study explores the defining characteristics of startups, their stages of growth, and the diverse financial approaches
Startup Valuation: A Share Price Assessment of Airbnb Page 4 ABSTRACT This paper is divided into two parts, a literature review, and a case study on Airbnb. The first section exhaustively describes startups, considering the different stages they experience throughout their first years and the forms of financing they have.
In this paper, the question of how to value a startup is examined through an analysis of existing valuation frameworks, a comparative study of ve valuation frameworks, and an empirical analysis in a venture capital context. Firstly, implications for various valuation frameworks are identi ed. Corporate nancial valuation frameworks encounter di ...
This book sheds new light on the most important contemporary and emerging startup valuation topics. Drawing on the first-hand professional experience of practitioners, professionals, and startup experts from various fields of finance, combined with a sound academic foundation, it offers a practical guide to startup valuation and presents applications, practical examples, and case studies of ...
Download full-text PDF Read full-text. Download full-text PDF. ... review studies of startup valuation in both the. ... an alt ern ativ e rou te to start up valu at io n based on s tr at eg ic ...
Start-up Valuation of Biotech Companies with Real Options A case study of the start-up Organovo Holdings, Inc. written by Celine Göbel Abstract: This master thesis examines several valuations methods for young companies. Start-ups are generally characterised by negative earnings, pure equity financing and binary business models.
The Discounted Cash Flow Method. Step 1: Estimate cash flows that TWF will generate over an explicit forecast period. The starting point of our DCF is to estimate the quantity of cash flows TWF can generate. The first part of this process is to project cash flows over an initial forecast period, usually 5-10 years.
Download book PDF. Download book EPUB ... In this chapter, the author takes a deep dive into a real case study of a startup, and demonstrates how financial modeling and sensitivity analysis were used to develop a successful business plan and secure funding. ... In Chap. 13, titled "Startup Valuation with Data Envelopment Analysis", the ...
Free shipping worldwide - see info. Hardcover Book USD 179.99. Durable hardcover edition. Dispatched in 3 to 5 business days. Free shipping worldwide - see info. This book, Startup Valuation, offers an up-to-date guide to the valuation patterns of startups, bridging theory and industry with case studies.
startup valuation methods to define the state of art and future trends on this important topi c. First, we have to define a startup company. In the literature, there is not a unanimous definition ...
However, in either case they must face a challenge to culminate this symbiotic relationship: the two parts need to agree on the fair value of the company. This is a crucial point for both startups and venture capitalists and it can be managed through a correct company valuation using different methodologies adapted to the startup ecosystem.
Keywords: SaaS, software as a service, valuation, valuation methods, value drivers, venture capitalist In recent years, the software industry has seen a big change regarding the business models used in the industry. Software as a service (SaaS) model has become the most used business model for existing and new startup companies.
Specifically, the case study focuses on Y&Archer A Stream in South Korea, exploring the extent to which startup conferences serve as effective platforms for knowledge transfer and the key ...
Here are a list of tips and techniques that I recommend to every startup: Place a fair market value on all physical assets (asset approach) This is the most straightforward valuation element, often called the asset approach. New businesses normally have fewer assets, but it pays to look hard and count everything you have.
Abstract. How to value a new venture is critical in entrepreneurial financing. This article develops an integrated theoretical framework to examine whether venture capitalists' valuation of a new venture can be explained by factors identified in the strategy theories as important to firm performance.
This work focuses on carrying out an in-depth study of the concept of start-ups in order to understand the complexity of their valuations and end up valuing the company MADE.com.To do this, firstly, a rigorous research of different studies and works has been carried out with the idea of initially understanding the environment of a start-up, its different phases and its type of financing.
Beginning with the start-up market in general is essential to acquire a sophisticated foundational knowledge of the topic under review. On such basis, the analysis will be continued with a profound literature review of traditional valuation methodologies and followed by new entrepreneurial venture valuation approaches.
Next, the impact of different subjective factors on the valuation of start-ups was discussed. Finally, the points of the shareholders agreement that could affect the valuation of a company have been mentioned. In the third part of the paper, a case study of the company Bumble Inc, a company that owns online dating platforms, has been carried out.
Objective: There is a demand to make hospital management information beyond basic key performance indicators (KPIs) accessible for clinicians. Methods: We developed an interactive application (IAPP) in R Shiny to visualize such information. We provided the IAPP source code online. As a use case, we recorded basic KPIs (numbers of patients (NPs), reimbursed valuation ratios (RVRs), mean length ...
Part 1. What is a Start-Up? 2.1. Definition A start-up is a young company or organization that is in the initial stages of business, often created to develop a new product or service to grow and establish itself as a successful enterprise. Start-ups are typically small and agile, with a goal of rapid growth