Another interesting extension of the model could consider a generalised welfare objective for which consumer surplus and platforms' profits have different valuation in the objective function of the publicly owned firm.
"The reason we didn't make the A.M.G. deal," Tom Gores said today, "was because we had different valuations of the company.
In period two, manufacturers can manufacture and/or remanufacture products, taking into account that consumers have different valuations of new and remanufactured products.
"Everyone looks at market conditions and performance, but everyone has different policies" regarding how to get to the right valuation.
And that's not that surprising: Instead of being valued as a social network, Foursquare looks somewhere between that and a SaaS company, which naturally has a different valuation multiple compared to companies like Facebook or Twitter.
But another source close to the transaction tells us that while the $500 million valuation is closer to the truth it is also still not completely accurate, and that Tinder had a different valuation in the exchange.
While the market is never in equilibrium, the public and private markets have different variables driving their valuations.
Since configurations of the sets C′ and C′′ can have different states, the sets of valuations V r and V t are not necessarily disjoint.
Even though these two fictional companies have very different valuations and growth rates; the PEG ratio allows us to make an apples-to-apples comparison of their relative valuations.
Despite its widespread application, TTO has been criticized because it applies different valuation procedures for states better and worse than dead.
