Valuation of Internet companies based on user resources perspective
- DOI
- 10.2991/978-94-6463-102-9_148How to use a DOI?
- Keywords
- Value assessment; black-scholes model; Metcalfe model
- Abstract
User resources are an important factor in measuring the market position as well as the competitiveness of Internet enterprises, and are the main source of the value of Internet enterprises. This paper overcomes the shortcomings of traditional valuation models and constructs a new real option method based on the real option method combined with Metcalfe's method, which not only reflects the importance of user resources to the value of Internet enterprises, but also quantifies the uncertainty in the dynamic decision-making process of Internet enterprises, providing a new way of thinking and solution for the valuation of Internet enterprises. A comparative analysis of the application of the traditional valuation model of the case enterprises and the new model is also presented as a way to show that the model constructed in this paper is effective and the valuation results are more advantageous compared to the real options model under the traditional method.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Ming Qian AU - Jiali Li PY - 2022 DA - 2022/12/29 TI - Valuation of Internet companies based on user resources perspective BT - Proceedings of the 2022 2nd International Conference on Business Administration and Data Science (BADS 2022) PB - Atlantis Press SP - 1417 EP - 1423 SN - 2589-4900 UR - https://doi.org/10.2991/978-94-6463-102-9_148 DO - 10.2991/978-94-6463-102-9_148 ID - Qian2022 ER -