Claudia Zeisberger’s Post

Exploring Venture Capital Valuations in MENA: Jada Fund of Funds Report Valuing portfolio companies is a critical aspect of the venture capital process, filled with challenges, especially in the context of startups in emerging markets. With the collaboration of Jada Fund of Funds, our newly launched report delves into the methodologies used by venture capitalists and provides insights gathered from seasoned fund managers and investors across the MENA region. Key Valuation Methodologies 1. Discounted Cash Flow (DCF) Analysis: - DCF Method: This involves estimating the company's future cash flows and discounting them back to their present value using an appropriate discount rate. - Challenges: In the case of startups, projecting future cash flows can be highly speculative due to the limited historical data and market volatility. 2. Comparable Company Analysis: - Comps Method: This method involves valuing a company based on how similar companies in the industry are being valued, often using multiples such as Price-to-Earnings (P/E) or Enterprise Value-to-EBITDA (EV/EBITDA). - Benefits: It helps to benchmark valuations against market standards. - Drawbacks: It might be difficult to find truly comparable companies. 3. Precedent Transactions: - Transaction Method: This approach looks at similar companies that have been recently sold or funded and uses these transactions to estimate value. - Advantages; Provides real-market benchmarks. - Limitations: Market conditions at the time of past transactions might differ from the current context. 4. Venture Capital Method (VC Method) - VC Method: Commonly used in early-stage investments, this method involves projecting an exit scenario, estimating the terminal value, and discounting it back to the present considering the risk. - Simplicity and Relevance: It is straightforward and tailored for high-risk environments but relies heavily on assumptions about future exits. 5. Modified Economic Value Added (EVA): - EVA Method: Focuses on the economic profit of the company by assessing returns in excess of the company’s cost of capital. - Usefulness: Particularly useful in assessing long-term value creation beyond accounting profits. Insights from Experts Challenges in the MENA Region - Limited Historical Data: Startups in emerging markets often don’t have a long operating history, making traditional valuation methods less reliable. - Market Volatility: The dynamic and often volatile nature of emerging markets adds another layer of difficulty in making accurate projections. - Regulatory Environment: Varying regulations across different countries in the MENA region can also impact valuation. By addressing these challenges and leveraging a mix of valuation methodologies, venture capitalists are better equipped to make informed investment. Report by Claudia Zeisberger Repost by Salem Bagami #VC #valuation #startups #MENA #JadaFund

Truly enjoyed reading this report which provides a compelling overview of the rapid growth of venture capital in the MENA region, highlighting the key distinctions between private equity and venture capital. It discusses the general relationship between investors and LP and the valuation statements provided as well as terms that are vital to know when making investments. Additionally, it underscores the critical need for accurate asset valuation, outlining how stakeholders must ensure assets are recognized at their true fair value and how valuations are constantly updated to drive informed decision-making and optimize returns.

Excited to be an investor partner for the Investment Readiness Accelerator program by I-Venture @ ISB. Are you struggling to attract the investment you need to thrive? Apply for this program designed to bridge the gap between you and potential investors. Over 50 days, the program empowers founders across sectors, from seed to series stages, with enhanced investment readiness, network access, and investor introductions. Learn more and apply here: https://lnkd.in/gxj_REqE Indian School of Business | I-Venture @ ISB | Bhagwan Chowdhry | Saumya Kumar | Nagaraj Bolakatti Ankit K. | Aswani Chaitanya N | Snehal Dixit #investmentreadiness #startupaccelerator #growth #iventureatisb

𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐀𝐜𝐚𝐝𝐞𝐦𝐲 is your gateway to a deeper understanding of how venture investment, opportunity valuation, and deal structuring work. 🚀 Delivered in 5 fast-paced and highly practical sessions by internationally renowned lecturers and experienced practitioners, this program is ideal for: 🎯investment managers, advisors and business developers; 🎯entrepreneurs and business angels; 🎯finance and legal professionals; 🎯start-ups and scale-ups all looking to make smarter and more successful decisions. 💼 What You’ll Gain: 🌐𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐂𝐲𝐜𝐥𝐞𝐬: Explore the core principles of investment cycles and gain a comprehensive understanding of the VC ecosystem. 📊 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐬𝐭𝐞𝐫𝐲: Delve into the art and science of valuation with our case study analyses. Acquire essential skills to assess the worth of startups and understand what drives value in the VC space. ⚖️ 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐃𝐞𝐚𝐥 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐢𝐧𝐠: Discover how to structure investment deals that not only create added value but also mitigate risks. Equip yourself with the strategic outlook necessary for success in a rapidly evolving business environment. 🤝𝐍𝐞𝐭𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: Gain off-the-record insights into the world of venture capital. Connect with angel investors, high-growth companies, and industry experts who can provide guidance and open doors to new opportunities. 📌The Venture Capital Academy is an international, 4-module program crafted by the BMI Executive Institute and Louvain School of Management in partnership with BeAngels , BAN Flanders - Business Angels Network Flanders, and Strelia. Have specific questions? Monika Lasiene and Violaine Dupuis will be more than happy to help! 📅 Academy starts this November in Brussels! 📍 Click the link below for more information and to register. #BMIExecutiveInstitute #BMI #VentureCapital #AcademyLaunch #Brussels #BeAngels #BANFlanders #Strelia #InvestmentManagement #Entrepreneurship #StartupSuccess #ScaleUp #FinanceProfessionals #LegalProfessionals #BusinessAngels #StrategicDecisions #WorldClassEducation #VentureCapitalTraining #InnovationCreation #InvestmentOpportunities #RiskMitigation #ExecutiveMBA #EMBA #BMICommunity #PracticeBasedKnowledge #InternationalFaculty #LifeLongLearning #Alumni #CareerElevation #ChangeMakers #GlobalLeadership #LeadershipDevelopment #BusinessEducation #BusinessPerformance #AcademicExcellence #LearningJourney #ProfessionalExperience #SameYouOnlySharper

🌱 Emerging VC managers - a topic close to my heart, having seen it from both the GP and the LP side. 🌱 Thank you for moderating our panel Lisa Edgar, a pleasure to discuss with you and Charles Conn ,Regina Cho and Ertan Can. Thanks to everyone who listened and engaged in conversations after. For those who couldn't join us, here are two emerging managers profiles we touched upon: 1. Partners who are leaving established firms to start their own ➕ available track record to dilligence ❓can they replicate that performance without the infrastructure and support of the bigger brand ❓ can they actually build a firm from scratch, are they entrepreneurial enough 2. Founders turned funders i.e. entrepreneurs who've been through the fundraising process themselves, had some success with their ventures, typically an angel investing portfolio and are now looking to take their investing to the next level ➕ usually they can relate to founders on a deeper level ➕ entrepreneurial mindset that should help with firm building ❓ can they secure the right allocations ❓ can they think about portfolio construction in a disciplined way Regardless of profile, something that has stayed with me is a conversation with one of our GPs who said there are 3 types of people in investing, those who: 👍 like it ❤️ love it 💥 are prepared to live it If you just like venture and investing, then being an emerging manager is probably going to be too demanding. You have to be somewhere between "love it" and "live it". #SuperVenture SuperReturn #VC

📌International Programme Featuring Top Experts in Venture Capital – Starting Soon in Brussels.   The Venture Capital Academy, an international programme organized by BMI Executive Institute and Louvain School of Management (LSM) - UCL in collaboration with BeAngels , BAN Flanders - Business Angels Network Flanders, and Strelia, launches this November. Designed for investment managers, business developers, entrepreneurs, and finance professionals, this 5-module programme offers a practical platform to refine decision-making and enhance investment strategies.   Participants will benefit from hands-on sessions led by renowned experts, including Prof. Rudy Aernoudt, Co-founder of EBAN - European Business Angel Network, founder of FREE, co-founder of Growth Academy for Enterprises, and senator at the World Business Angels Investment Forum (WBAF); gloria Batllori, Professor of Finance at Esade Business School; Gisèle Rosselle, M&A and Private Equity specialist.   The Academy will also feature guest speakers such as Martin Bresson (Public Affairs Director, Invest Europe), Vincent Van Dessel (Chairman, Euronext), Steven Levecke (Partner, Capricorn Partners), Jan Alexander (Secretary General, BVA | Belgian Venture Capital & Private Equity Association), Reginald Vossen (CEO, BAN Flanders - Business Angels Network Flanders), and Claire Munck (CEO, BeAngels ).   The academy covers vital topics, including investment cycle, valuation, and strategic deal structuring, alongside excellent networking opportunities with industry leaders.   🔗Register now, or contact Monika Lasiene for more information and join ➡️ https://shorturl.at/t9ssL #BMIExecutiveInstitute #BMI #VentureCapital #AcademyLaunch #Brussels #BeAngels #BANFlanders #Strelia #InvestmentManagement #Entrepreneurship #StartupSuccess #ScaleUp #FinanceProfessionals #LegalProfessionals #BusinessAngels #StrategicDecisions #VentureCapitalTraining #InnovationCreation #InvestmentOpportunities #RiskMitigation #PracticeBasedKnowledge #InternationalFaculty #LifeLongLearning #BusinessEducation #BusinessPerformance #AcademicExcellence #LearningJourney #ProfessionalExperience #SameYouOnlySharper

Will EU corporate venture capitals thrive? A look into the crystal ball by Jeppe Høier, Venture Partner at Antler 👇 Why it matters.👇 European Corporate Venture Capital (CVC) faces a critical juncture similar to the skepticism European Venture Capital (VC) encountered two decades ago. Despite initial doubts, European VC thrived, becoming a dynamic force in global innovation. For European CVCs to succeed, senior leaders must be educated on venture norms, with institutions like Stanford, INSEAD, and Columbia offering valuable courses. Additionally, market analysts need to recognize and value CVC efforts. By addressing these gaps, European CVCs can adapt, innovate, and continue driving entrepreneurship and economic growth across the continent. The past's lessons illuminate a promising path forward for corporate venturing in Europe. Read the full article on EUVC Insights. 🔽 https://buff.ly/3XOGQl6 #venturecapital #startupfunding #Europe #EUVCInsights

🚀 The GSMA Innovation Fund is proud to partner with VC4A to support the portfolio start-ups across Africa and Asia. 🌍 Through their high-impact Investment Readiness Training, they will equip 40 GSMA-funded companies with the tools they need to secure further investment, #scale their solutions, and make a lasting socio-economic impact. From venture capital fundamentals to pitch refinement and valuation strategies, they are offering tailored support to help founders grow. 📈 The programme includes masterclasses, personalised mentorship, pitch deck reviews, and access to a global network of investors. This collaboration is a major step toward empowering entrepreneurs to tackle social, environmental, and economic challenges across emerging markets. Collaborating their expertise and #GSMA’s vision, the ultimate aim is to drive greater digital and financial inclusion worldwide. Read the blog to learn more 🔗 https://bit.ly/3UkTGVH #InvestorReadiness #StartUps

🚀 The GSMA Innovation Fund is proud to partner with VC4A to support the portfolio start-ups across Africa and Asia. 🌍 Through their high-impact Investment Readiness Training, they will equip 40 GSMA-funded companies with the tools they need to secure further investment, #scale their solutions, and make a lasting socio-economic impact. From venture capital fundamentals to pitch refinement and valuation strategies, they are offering tailored support to help founders grow. 📈 The programme includes masterclasses, personalised mentorship, pitch deck reviews, and access to a global network of investors. This collaboration is a major step toward empowering entrepreneurs to tackle social, environmental, and economic challenges across emerging markets. Collaborating their expertise and #GSMA’s vision, the ultimate aim is to drive greater digital and financial inclusion worldwide. Read the blog to learn more 🔗 https://bit.ly/3UkTGVH #InvestorReadiness #StartUps

#KotlerImpact #ExponentialGrowth #DigitalTransformation #MarketingSummit It was an honor to share insights on exponential growth concepts at the Kotler Impact E-World Marketing Summit 2024 Inspired by the conversations and connections, let's continue to drive innovation and shape the future of digital transformation together with marketing power.