Monte Carlo Risk Analysis and Due Diligence of New Business Ventures, Volume 1
"When it comes to new manufacturing processes and products, many investors fail to look past the novelty of the new, putting blind faith in potentially faulty business plans.
Now there's a way to accurately measure the real risks of highly complicated projects. Wright outlines a step-by-step process that shows bankers, venture capital companies, and investors how to:
* Determine if technologies are valid to ensure, for example, that pilot-plant results can be duplicated at full-scale
* Use process design methods to analyze new and emerging technologies used in proposed investments
* Use the author's scientific approximation to handle unsymmetrical distributions common in the evaluation of potential investments
* Use Monte Carlo Analysis to quantify the uncertainty of a plan -- and determine the potential for making a profit."