{"id":50485,"date":"2023-02-13T11:36:55","date_gmt":"2023-02-13T10:36:55","guid":{"rendered":"https:\/\/www.accuracy.com\/?p=50485"},"modified":"2024-12-12T09:59:08","modified_gmt":"2024-12-12T08:59:08","slug":"comment-evaluer-le-risque-dune-start-up-option-finance","status":"publish","type":"post","link":"https:\/\/www.accuracy.com\/fr\/comment-evaluer-le-risque-dune-start-up-option-finance\/","title":{"rendered":"Comment \u00e9valuer le risque d'une start-up ? - Option Finance"},"content":{"rendered":"<p><strong>Donner une valeur \u00e0 une start-up au mod\u00e8le \u00e9conomique peu stable est particuli\u00e8rement complexe. Pour les start-up suffisamment avanc\u00e9es, il est d'usage de se fonder sur les flux financiers \u00e0 venir, actualis\u00e9s \u00e0 des taux tr\u00e8s \u00e9lev\u00e9s. Des approches alternatives pourraient pourtant \u00eatre mieux adapt\u00e9es \u00e0 cet univers.<\/strong><\/p>\n<p>Evaluer une start-up est probablement un des exercices les plus complexes auxquels les investisseurs sont confront\u00e9s. Son mod\u00e8le \u00e9conomique n'est, en effet, pas stabilis\u00e9. De tr\u00e8s nombreuses start-up n'arrivent d'ailleurs pas \u00e0 mener \u00e0 bien leur projet de d\u00e9veloppement et font d\u00e9faut dans les ann\u00e9es qui suivent leur cr\u00e9ation. Pour les investisseurs, le risque de perte est tr\u00e8s \u00e9lev\u00e9. Dans ce contexte, la question de l'\u00e9valuation du risque des start-up est majeure parce qu'elle conditionne leur financement et leur capacit\u00e9 \u00e0 cro\u00eetre.<\/p>\n<p>Pour \u00e9valuer le risque, les investisseurs utilisent un certain nombre de techniques et des pratiques de place ont progressivement \u00e9t\u00e9 adopt\u00e9es. Mais des approches alternatives sont envisageables, qui permettent d'am\u00e9liorer le dialogue entre investisseurs et start-up.<\/p>\n<p>Voir l'article complet<a href=\"https:\/\/www.optionfinance.fr\/innovation\/comment-evaluer-le-risque-dune-start-up.html\"> ici<\/a>.<\/p>\n<hr \/>\n<div class=\"signature\"><em>Henri Philippe et Xavier Chevreux, en collaboration avec Franck Bancel et Bruno Martinaud<\/em><\/div>\n<div class=\"preview\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Donner une valeur \u00e0 une start-up au mod\u00e8le \u00e9conomique peu stable est particuli\u00e8rement complexe. Pour les start-up suffisamment avanc\u00e9es, il est d\u2019usage de se fonder sur les flux financiers \u00e0 venir, actualis\u00e9s \u00e0 des taux tr\u00e8s \u00e9lev\u00e9s. Des approches alternatives pourraient pourtant \u00eatre mieux adapt\u00e9es \u00e0 cet univers. Evaluer une start-up est probablement un des [&hellip;]<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[113,316],"tags":[],"class_list":["post-50485","post","type-post","status-publish","format-standard","hentry","category-france","category-press"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Comment \u00e9valuer le risque d\u2019une start-up ? - Option Finance - Accuracy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.accuracy.com\/fr\/comment-evaluer-le-risque-dune-start-up-option-finance\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comment \u00e9valuer le risque d\u2019une start-up ? - Option Finance\" \/>\n<meta property=\"og:description\" content=\"Donner une valeur \u00e0 une start-up au mod\u00e8le \u00e9conomique peu stable est particuli\u00e8rement complexe. 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