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As you said, I think DCF would be the right thing to do. we already did the valuation for this round of investment using DCF. so in future calculations of valua
by ashreef 13y ago
As you said, I think DCF would be the right thing to do. we already did the valuation for this round of investment using DCF. so in future calculations of valuation, it would make sense to use DCF again.
The current draft of the Shareholders Agreement currently says that EBITDA should get used if there're revenues, but if there are no revenues, DCF should get used.
I think we will just amend that by removing EBITDA, and forcing the use of DCF in all cases.