So You Want to be a Biotech Investor? A Step-by-Step Guide to Clinical-Stage Biotechnology Enterprise Valuation.
Upshot
There are only 3 questions that a prospective investor, regardless of industry or investment opportunity, needs to ask:
- Why is the asset worth what it is worth today?
- How will the asset be worth more in the future?
- How will I realize a return on my investment?
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