On: Startups are Risk Bundles

[runholm]

All of this is very well known and written much about in books, blogs, talks, etc. already...

[ares2012 → runholm]

If we are only ever allowed to talk about something once, then the world would be a pretty quiet place.

[angelbob → runholm]

I hadn't seen this put this way. What book would you recommend to get this kind of insight?

[elmar → angelbob]

A similar approach

http://blog.gust.com/valuation-part-i-peeling-the-onion-or-h...

[JumpCrisscross → angelbob]

It's the option approach to equity valuation, which sees equity as a call option on a firm's assets. The strike is the firm's liabilities.