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Centex Valuation. Summer 2002 Scott Meadow University of Chicago. Centex. Equity Value/Share 0.45/Share Dollars Invested $1,000,000 Percentage Ownership 0.54% Valuation Post-Money $1mm / 0.54 $1,850,000 Valuation Pre-Money $ 850,000. On Exposure
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Centex Valuation Summer 2002 Scott Meadow University of Chicago Scott Meadow
Centex Equity Value/Share 0.45/Share Dollars Invested $1,000,000 Percentage Ownership 0.54% Valuation Post-Money $1mm / 0.54 $1,850,000 Valuation Pre-Money $ 850,000 On Exposure Equity Invested $1,000,000 Debt Obligation $1,000,000 Total Exposure $2,000,000 Percentage Ownership 54% Valuation Post-Money 2.0 / 0.54 = $3,700,000 Valuation Pre-Money $3.7mm - $2.0mm=$1,700,000 Scott Meadow
Centex Equity Value/Share 0.67/Share Dollars Invested $1,500,000 Percentage Ownership 0.54% Valuation Post-Money $1.5 mm / 0.54 $2,777,000 Valuation Pre-Money $1,277,000 On Exposure Equity Invested $1,500,000 Debt Obligation $1,500,000 Debt Conversion to Equity $ 350,000 Total Exposure $3,350,000 Percentage Ownership 59% Valuation Post-Money 3.350 / 0.59 = $5,662,000 Valuation Pre-Money $5.662mm - $3.350 = $2,312,00 Scott Meadow