注冊會計師考試輔導:交易前估值（中英）
交易前估值
所謂交易前估值，是指公司在將外部融資額加入資產(chǎn)負債表前的價值。
Pre-Money Valuation
A pre-money valuation is a term used in private equity or venture capital that refers to the valuation of a company or asset prior to an investment or financing.
External investors， such as venture capitalists and angel investors will use a pre-money valuation to determine how much equity to demand in return for their cash injection to an entrepreneur and his or her startup company. This is calculated on a fully diluted basis.
Usually， a company receives many rounds of financing rather than a big lump sum in order to decrease the risk for investors. Pre- and post-money valuation concepts apply to each round.
交易前估值
所謂交易前估值，是指公司在將外部融資額加入資產(chǎn)負債表前的價值。
Pre-Money Valuation
A pre-money valuation is a term used in private equity or venture capital that refers to the valuation of a company or asset prior to an investment or financing.
External investors， such as venture capitalists and angel investors will use a pre-money valuation to determine how much equity to demand in return for their cash injection to an entrepreneur and his or her startup company. This is calculated on a fully diluted basis.
Usually， a company receives many rounds of financing rather than a big lump sum in order to decrease the risk for investors. Pre- and post-money valuation concepts apply to each round.