If we only focus on shareholder value, it seems we have a clear answer, but Shareholder Value we should make sure we really think this through. - For privately held companies, standard market capitalization measures are not available What are the shortcomings of using - Valuation is based on the most recent funding round shareholder value as our only measure of competitive advantage? Valuations Rased on I ast Round of Fundraising Select all that apply, then click Submit below