Contents
Chapter 1 The Dark Side of Valuation
Valuation Across the Life Cycle
Early in the Life Cycle: Young Companies
The Growth Phase: Growth Companies
Maturity (A Mixed Blessing): Mature Firms
Winding Down: Dealing with Decline
Valuation Across the Business Spectrum
Cyclical and Commodity Companies
Businesses with Intangible Assets
Multibusiness and Global Companies
User-, Subscriber-, and Customer-Based Businesses
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