All value is subjective. But often, when an exchange is to be made, a numerical value is required. It’s a special kind of economic calculation, what Bharat Kanodia terms “a subjective opinion based on objective facts”.
Bharat has built a career on valuations, from 2-founder garage start-ups to the Eiffel Tower. He shares his knowledge, experience, and insights with the Economics For Business podcast.
Show notes: https://mises.org/library/bharat-kanodia-how-subjective-value-generates-valuation-business
"Pathways To Business Valuation" (PDF): https://Mises.org/E4B_141_PDF
"How to Double Valuation?" (Video): https://Mises.org/E4B_141_Video1
"What’s Pre-IPO Worth?" (Video): https://Mises.org/E4B_141_Video2
