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INTRODUCTION TO CRYPTOASSETS AND A STUDY OF SELECT VALUATION APPROACHES by CBV Institute

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The interesting study is based on Canadian public companies which, between January 1, 2017 and September 30, 2018, either held cryptoassets or earned revenue from cryptoasset-related activities. Three valuation approaches frequently included in the cryptoasset valuation discourse – the Cost of Production, Equation of Exchange, and Network Value to Transactions Ratio.

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by Brandon McFarland

With each fair value decision, the Chancery Court provides more information about its interpretation of DFC and Dell decisions. Analysts involved in fair value matters should be aware of the recent Chancery Court decision and should be mindful of future decisions related to these issues. Click here to read the full article at QuickReadBuzz.

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Most of an Income Approach-based valuation is frequently in the terminal value. Thus, an Income Approach-based valuation that relies on an exit multiple to arrive at a terminal value is essentially a Market Approach-based valuation in disguise. Many practitioners do not use an exit multiple to arrive at a terminal value for this reason. Nevertheless, numerous practitioners prefer to use an exit multiple. The basis is straight-forward: the goal is to arrive at a value of the business at the end of the discrete projection period and a hypothetical sale at that time is likely to be based on a multiple of earnings. This article addresses some problems that must be addressed when trying to identify a reliable exit multiple.

Read more on QuickReadBuzz.

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Interesting Delaware Court decisions on the treatment of synergistic value in dissenting shareholder appraisal rights cases, published by Brandon McFarland is a senior associate in the Atlanta office of Willamette Management Associates. To read the full article at QuickRead click here.

Photo by Wesley Tingey on Unsplash