
Length4h 35m
About this audiobook
A rigorous yet accessible guide to valuation in private markets, told through the journey of Alice as she falls from the world of public markets into the upside-down logic of private equity. The book shows why price, capital structure, business plan, and exit assumptions are inseparable, and why valuation under temporary ownership is about return feasibility rather than intrinsic worth. Covers LBO modelling, stress testing, comparable companies, NAV, early-stage valuation, and the limits of generative AI in financial analysis.
Audiobook details
GenreBusiness and Economics
Length4 hrs 35 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateJul 6, 2023
LanguageEnglish
Table of contents
1Valuation in Private Markets
9Chapter 7: Alice Gets Stress-Tested
2Prologue — Through the Looking-Glass
10Chapter 8: Alice and the LBO Algebra
3Chapter 1: Fundamentals
11Chapter 9: Pricing: Where the Game Truly Begins
4Chapter 2: No-Free Lunch for Alice, but the Discovery of NPV
12Chapter 10: Accountum Delirium
5Chapter 3: Leverage and Return: The M&M Surprise
13Chapter 11: Early Stage: When Data Vanishes and Hope Shows Up
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6Chapter 4: The Buy-to-Sell World
14Chapter 12: NAV Looking-Glass: When the Diary Became a Price
7Chapter 5: Comparable Companies
15Chapter 13: Generative Artificial Intelligence
8Chapter 6: Building an LBO Model
16Epilogue — Alice Returns to the Surface