For many venture capital funds, valuation has traditionally been relatively straightforward. Either carry the investment at cost, take the last price paid per share and multiply it by the number of shares held, or take the post-money value of the last round and apply a relatively simple waterfall to allocate that value between shareholders. These approaches are familiar, understandable and, perhaps most importantly, comfortable. Moving towards a more sophisticated, forward-lo

How a structured valuation workflow makes IPEV-aligned fair value practical, efficient and valuable for venture capital funds. Moving beyond Last Price Per Share (LPPS) to institutional-quality fair value may be considerably easier than many venture capital funds assume. The key is not necessarily hiring larger valuation teams, building increasingly complicated spreadsheets or engaging in extensive quarterly valuation exercises. It's adopting a structured fair value workflow