value science: the science of value
TRANSCRIPT
VALUE SCIENCE
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Michael Herlache MBA
Doctor of Business Administration Candidate Founders Ventures & AltQuest Group
Value Science The Science of Value
VALUE SCIENCE
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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.