Updated, state-of-the-art valuation techniques that can be used to value early stage companies with complex capital structures Valuing Early Stage and Venture-Backed Companies demonstrates appropriate and defensible ways to prepare and present business valuations for such companies. The book provides guidance on practical applications and technical models dispelling commonly misused practices used by companies and business appraisers. With chapters and techniques contributed by top valuation experts, this new book offers state-of-the-art valuation techniques that can be used to value early stage and venture-backed companies. Neil J. Beaton, CPA/ABV, CFA, ASA (Seattle, WA), is a nationally known expert and speaker on the valuation of early stage companies. He is the Partner in Charge of Valuation Services for Grant Thornton, LLP, an audit, tax, and financial advisory services firm and member of Grant Thornton International.