2025 IAC BV - Fair Value Volatility Adjustments - One Size Doesn't Fit All

Session Description

Volatility estimation is critical for a number of valuation exercises, including valuing stock options, preferred and common shares, convertible notes, warrants, and earnouts. Estimating volatility for private companies typically relies on comparable company data; however, the subject company characteristics may be different from that of the public comparables. We discuss data-driven approaches to making adjustments to volatility for size, leverage, stage of development, and the type of instrument valued.

Speaker

Marina Kagan
Seema Ranka

Continuing Education

Review of this session recording will award 1.2 CE hour. 

CPE credit is not awarded for this pre-recorded offering.