OEN Workshop: Valuing Your Company - July 2012
As an early stage entrepreneur looking for the first round of funding, one of the most daunting tasks may be determining the valuation of your company. In this workshop, we will cover the basics of valuing a seed or launch stage company, and answer some questions, such as:
Who sets the valuation - the company or the investor?
What does pre-money and post-money valuation mean? How do I calculate it?
How do I estimate a premoney value for my company if we don’t yet have revenues?
How do investors determine the valuation?
Recent trends in valuation for Portland start ups
We'll explain the terminology, demystify the math and explain some of the ways that valuation is set during the funding process. There will be plenty of time for Q&A, so come armed with your questions and be ready to participate in a lively discussion about valuing early stage companies.
Speaker: Naomi Derner
Naomi Derner, CFA is the founder and managing director of Derner Valuation Consulting, where she performs valuations of businesses, securities and intangible assets, primarily for tax and fair value reporting compliance in connection with merger and acquisition transactions and stock option issuance. Ms. Derner has valuation experience across a wide variety of industries, and possesses specific expertise in technology and life sciences companies at all stages of development.
Prior to 2008, she was a Vice President in the San Francisco office of Houlihan Lokey Howard and Zukin. Prior to joining Houlihan Lokey, Ms. Derner held positions in the financial valuation services group at Arthur Andersen LLP, the financial institutions equity research group at NationsBanc Montgomery Securities, and the financial analysis unit at the Federal Reserve Bank of San Francisco.
Ms. Derner holds the designation of Chartered Financial Analyst and is a candidate member of the American Society of Appraisers. She holds a bachelor’s degree in managerial economics from Carnegie Mellon University and a master’s degree in economics from the University of California Santa Barbara.