Special Cases in the Valuation of Venture Capital Investments
- Introduction to the OPM-based valuation of preferred shares
- Distributing vs. non-distributing preferred shares
- Using the back-solve method when primary and secondary transactions are present
- Dilutive effects of stock options
This session will be held in English language.
Session E-3: Friday, 4 November 2022 I 09:00–10:00 am
Dr. Christoph Engel, CFA, CVA
Accuracy I Director, Business Management Consulting
Christoph Engel has over 18 years of professional experience in valuation services and transaction advise. Before joining Accuracy, he acquired his expertise at Deutsche Bank capital markets and at KPMG deal advisory. Christoph is specialized in the structuring and valuation of complex corporate transaction and financial instruments in the context of acquisitions, funding rounds, restructuring, carve-outs and investment management. He gained experience with private equity, venture capital, financial institution and industrial clients and he worked intensively with start-ups in the technology, consumer goods, media and the biotech sectors. Christoph studied Diplom-Wirtschaftsingenieur at Karlsruhe Institute of Technology, passed his doctorate in Finance at Mannheim University and holds designations as Chartered Financial Analyst (CFA) and Certified Valuation Analyst (CVA). He is a regular lecturer for the European Association of Chartered Valuators and Analysts (EACVA) on leveraged buyouts, structured equity and share-based compensation. He was a member of the IDW working group “Valuation of Debt”.