Publications

The Dark Side of Valuation: Old Tech, New Tech, and New Economy Companies

Type
Link
Cost
Paid
Published
2001
Full Name
The Dark Side of Valuation: Valuing Old Tech, New Tech, and New Economy Companies

The Dark Side of Valuation is a comprehensive guide to valuing technology companies. It begins with an overview of the markets' dramatic shift towards technology stocks. It then identifies key valuation principles and techniques, demonstrating them through five case studies that encompass the entire technology company lifecycle: Amazon.com, Ariba, Cisco, Motorola, and a new IPO-ready startup. This book also covers the adaptation of discounted cash flow models for tech companies with limited histories, shifting business mixes, and volatile stock prices.

"What a refreshing book to read! Damodaran's book is essential if capital markets are going to accurately gauge the contributions of emerging companies...His insights are illuminating and his mastery of financial analysis is unmatched."

Louis Columbus, Director of Marketing, Linksys