The Science of Valuation in Private Markets: How to Think about Price When You Buy to Sell Paperback – March 22, 2026

In public markets, valuation means estimating what something is truly worth, comparing it to what it trades for, and acting on that difference. In (institutional) private markets, valuation means deciding the maximum you can pay while still reaching the return you promised to those who trusted you with their capital. The Science of Valuation in Private Markets explores the economic logic behind that shift.Spanning venture capital, growth equity, leveraged buyouts, private equity real assets, this book explains why traditional valuation methods break down here and what replaces them. Through clear reasoning, simple models, and real examples, it argues that valuation should be understood as a disciplining device, forcing you to link a business plan, a capital structure, and an exit strategy to a buying price. It also looks ahead, exploring how generative AI can reshape how to model, and justify value.The result is an authoritative, modern and thoughtful framework for thinking about price when you buy to sell. Read more