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@ -61,8 +61,6 @@ PE * net_income = Value
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10 * $1mn = $10mn
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** what is the company worth today
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VC expects to make 50% per year
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therefore
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- VC expects to make 50% per year
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- (Value of Company in 5 Years) / (1 + Percentage Earnings Per Year) ^ (Number of Years)
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- $10 mn / (1 + 50%) ^ 5
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