CVCA Academy Management Series-Valuation and Investments in Early-stage Entities

中文

Time: 3 July 2015, Friday, 9:00am – 12:00pm

Venue: INTERCONTINENTAL SHANGHAI PUDONG, 777 Zhangyang Road, Pudong New Area, Shanghai

Fees: 2 free passes for each CVCA member company;

Extra attendee of CVCA members: RMB500/person;

Non-members: RMB1,000/person

Language: Mandarin

Early-stage entities focus primarily on start-up business activities such as research and development, market research or construction of facilities. They usually have limited revenues and earnings, and generally require multiple rounds of equity and/or debt financing until their business model matures.

Nevertheless, the prospects of substantial profits in a short period make early-stage entities attractive investments for risk takers, yet it has always been the challenge in conducting early-stage entity valuations as their timeline to maturity and an ultimate liquidity event can vary significantly.

At this seminar, CVCA invited managing directors from Duff & Phelps will explain the key characteristics of early-stage entities and some generally used valuation methodologies. Key issues and common errors in appraising early-stage entities and impacts of key investment terms on risk-adjusted return will also be covered.

Agenda

Account information for payment:

Account Name：北京创投咨询有限公司

Account No.: 862580616710001

Bank Name:　　招商银行北京分行东方广场支行

Bank Address: 中国北京市东城区东长安街1号东方广场PE303－07

Kindly provide title if official invoice is required.

Registration contact:

Ning SUN

8610-8518 3584-816 ning@cvca.org.cn

Linlin SONG

8610-8518 3584-809 lin@cvca.org.cn

Map：

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About CVCA Academy

Combining the philosophy of being innovative and down-to-earth with the principle of disciplined scholarship, CVCA academy is committed to helping improve the know-how and skill sets of PE/VC practitioners in China by developing systematic, high standard, professional courseware which our CVCA members find useful.

All trainers are volunteers from our member firms and professional organizations who are veterans and share the enthusiasm to drive the PE/VC industry to grow in a sustained and sound way.

Both trainers and trainees will find a culture of harmony and mutual benefit at CVCA academy. The academy and its participative courses also enable sharing of best practice and maximizing networking opportunities.

To learn more about the CVCA Academy, please visit http://www.cvca.org.cn/institute/UpcomingCourses.asp