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Table of Contents

Section 1: Introduction ……………………………………………………       4

1.      Valuation Overview ……………………………………………………         5

2.      Historical Perspective ………………………………………………….      14

3.      Business Types ……………………………………………………….…    19      

4.      Integration: Business Systems and Valuation Processes …………….      31

 

Section 2: Establishing the Valuation …………………………….            36

5.  Major Functional Valuation Elements ………………………………..         38

6.  Products/Services Valuation Elements ………………………………..        52

7.  Uniqueness Valuation Elements ……………………………………….       57

8.  Analysis and Conversion Elements ……………………………………       61

 

Section 3: Validation of the Process ……………………………………   67

9.      Risk Assessment ………………………………………………………..    68

10.  Measurement Methods ………………………………………………...     74

11.  Substantiation Methods ………………………………………………..      80

 

Section 4: Investment Community Perspective …………………….     85

12. Marketing Uniqueness ………………………………………………...      86

13. Financial Implications …………………………………………………       91

14. Reporting ……………………………………………………………….     97

 

Section 5: Valuation Process Status …………………………………...    104

12.     The Valuation System ………………………………………………...      105

13.     Valuation System Used Today ……………………………………….       108

14.     The Future of Internet Business Valuations ………………………..        113

 

Appendix A: Categories and Questions ……………………………………...       117

Appendix B: Ordering Process ……………………………………………….       144

Appendix C: Customer Feedback …………………………………………….       145

Appendix D: Copyright Terms ………………………………………………...      146

Appendix E: Resources ………………………………………………………..      147

 

Glossary …………………………………………………………………………    148

Index ……………………………………………………………………………      154

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