Does Black Scholes Overvalue Early Stage Company Allocations?
Analytics
January 15, 2010 James Walling, CFA
See why a growing number of auditors are acknowledging the weakness of the Black Scholes Merton option-pricing model. Practitioners have identified a number of cases when its use is not appropriate. Read More
0 | Join the Discussion

A Page of History is Worth a Pound of Logic
Analytics
August 11, 2009
SVB Analytics provides a summary of its latest research into venture-backed company exits by sector, including exit multiples, capital-to-exit, time-to-exit and value-at-exit. Read More

Don't Let the Markets Get You Down
Analytics
April 01, 2009
Lower valuations have many companies wondering what to do about everything from options grants to investor rounds. Read More

Update: Company Valuations: Mining the Mother Lode
Analytics
March 10, 2009
Preview the research findings into company valuations that SVB Analytics plans to detail in upcoming reports. We introduce our new data set of 1500 409A opinions completed from 2006 to 2008. Read More

The Cost of Compliance for 409a/123r — and the Higher Costs of Getting it Wrong
Analytics
January 13, 2009
Private companies must now meet a substantially higher standard in the valuation of their shares for both tax and financial reporting purposes, with the passage of IRS Section 409A and SFAS 123R. Read More

Volume 6: Runway to Exit: The Long Road Ahead
Analytics
December 08, 2008
Although each industry sector has unique dynamics, our analysis shows that the long term trend line of time-to-exit is steadily increasing. Read More

FAS 123R: Ready, Set, Go!
Analytics
October 15, 2008
More than three years have passed since the Financial Accounting Standards Board (FASB) published Statement 123R (the "Statement") in December 2004, which requires companies to expense share-based payments, including employee stock options. Read More

Volume 4: The Impact of Future Rounds: Software and Services
Analytics
June 17, 2008
The software companies in our data sample primarily offer tools and applications, while a minority of the companies offers communication services and commerce/content/media. Read More

Volume 5: The Impact of Future Rounds: Hardware
Analytics
June 17, 2008
The hardware sector encompasses electronics (while the bulk of our electronics sample comes from consumer electronics, it also includes storage and storage area network (SANS) companies), semiconductor, data communications, telecom and wireless companies. Read More

Volume 3: Data Establishes Value Expectations for Future Rounds of Life Science Funding
Analytics
March 27, 2008
The life science data sample is primarily composed of companies in the therapeutics and medical device sectors. Read More