Rational Pricing of Internet Companies

By Eduardo S. Schwartz, Mark A. Moon. 2000

309 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Dotcom Mania: The Rise and Fall of Internet Stock Prices (2003, unknown): “In fact, recent work by Schwartz and Moon (2000) argues that internet companies have so many strategic/real options available to them that standard discounted cash flow-based models are no longer appropriate.”
Determinants of the Size and Structure of Corporate Boards: 1935-2000 (2003, background): “First, it is widely held that the costs of monitoring managers increase with a firm’s growth opportunities (Smith and Watts (1992), Gaver and Gaver (1993)).”
Explosive Behavior in the 1990s Nasdaq: When Did Exuberance Escalate Asset Values? (2011, background): “…boom using a variety of economic variables, including uncertainty about firm profitability (Pástor and Veronesi, 2006), declining macroeconomic risk (Lettau et al., 2008), high and volatile revenue growth (Schwartz and Moon, 2000), learning (Pástor and Veronesi, 2009), and other fundamentals.”