value science: the science of value

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VALUE SCIENCE 1 Michael Herlache MBA Doctor of Business Administration Candidate Founders Ventures & AltQuest Group Value Science The Science of Value

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Michael Herlache MBA

Doctor of Business Administration Candidate Founders Ventures & AltQuest Group

Value Science The Science of Value

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For the advancement of the prosperity and

Wisdom.

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About the Author: Michael Herlache is the CEO of Founders Ventures, a proof of concept

VC firm. He lives in his home in Florida with his wife. Michael has an MBA

in Finance and is getting his Doctorate in Business Administration.

He is on the Board of Directors of Asiansbook, FundLinked,

DegreeLinked, and M&A Nexus.

To learn more about Founders Ventures, please go to VCFounders.com.

To learn more about AltQuest Group, please go to AltQuest.com.

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Contents

Part I: Intrinsic Value

Chapter 1: Bioelectricity & Evolution

Chapter 2: Value & Pleasure

Part II: Standard of Living

Chapter 3: Standard of Living: Perpetuities & Investment

Part III: Perpetuities (Value)

Chapter 4: Perpetuities: Build or Buy

Part IV: Business (Value Creation)

Chapter 5: Business: The Science of the Perpetuity

Chapter 6: Building a Perpetuity (Startup)

Part V: Tracking Value (Accounting)

Chapter 6: Tracking Value with Accounts

Part VI: Analyzing Value (Finance)

Chapter 7: Analyzing Value with Finance

Part VII: Modeling Value

Chapter 8: Finance with Excel

Part VIII: Organic Value & Valuation

Chapter 9: Value & Valuation

Part IX: Inorganic Value Transactions

Chapter 10: Investment Banking Introduction

Part X: M&A Origination

Chapter 11: Origination Methodology

Part XI: M&A Process

Chapter 12: M&A Process

Part XII: Buying Value

Chapter 13: The Operating Model

Chapter 14: Private Equity (LBO)

Chapter 15: Strategic (Merger)

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Preface

This text is meant to be the core body of knowledge of the 21st

century business professional. The 21st century business

professional must be knowledgeable regarding the science of

value and thus the name of this body of knowledge is value

science. Value science starts with an understanding of the nature

of value & value creation and proceeds on to tracking, analyzing,

modeling value, value management, and finally value

transactions.

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Part I:

Intrinsic Value

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Chapter 1:

Bioelectricity &

Evolution

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Chapter 2:

Value & Pleasure

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Part II:

Standard of Living

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Chapter 3:

Standard of Living:

Perpetuities &

Investment

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Part III:

Perpetuities

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Chapter 4:

Perpetuities: Build or

Buy

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Part IV:

Business (Value

Creation)

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Chapter 5:

Business: The Science

of the Perpetuity

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Chapter 6:

Building a Perpetuity

(Startup)

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Part V:

Tracking Value

(Accounting)

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Chapter 7:

Tracking Value with

Accounts

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Part VI:

Analyzing Value with

Models (Finance)

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Chapter 8:

Analyzing Value with

Models

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Part VII:

Modeling Value

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Chapter 9:

Finance with Excel

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Part VIII:

Value & Valuation

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Chapter 10:

Value & Valuation

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Part IX:

Investment Banking

Introduction

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Chapter 11:

Investment Banking

Introduction

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Part X:

Origination &

Coverage

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Chapter 12:

Origination

Methodology

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Part XI: M&A Process

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Chapter 13:

M&A Process

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Part XII:

Buying Value

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Chapter 14:

The Operating Model

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Chapter 15:

Private Equity (LBO)

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Chapter 16:

Strategic (Merger)

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