[Verse 1] Private companies hide their treasure maps No stock exchange bells or market gaps Sarah's valuing Acme Widgets Inc DCF method helps her thoughts sync Future cash flows dancing through her mind But crystal balls are harder here to find [Chorus] Project, discount, calculate the worth P-D-C through uncertain earth Terminal value at the journey's end Discount rates that twist and bend DCF for private gold Stories that the numbers told [Verse 2] Management whispers rosy projections high While Sarah's skeptical accounting eye Sees optimistic bias paint the scene Reality might be less pristine She adjusts those hockey stick forecasts Building models built to last [Chorus] Project, discount, calculate the worth P-D-C through uncertain earth Terminal value at the journey's end Discount rates that twist and bend DCF for private gold Stories that the numbers told [Bridge] WACC gets tricky when shares don't trade Risk premium puzzles must be played Comparable companies lending clues Beta estimates give her blues Illiquidity discount takes its bite Private markets dim the light [Verse 3] Five year windows stretch ahead in time Each assumption's got to be prime Exit multiples or perpetual growth Terminal calculations need them both Sensitivity tables dance and sway Show her where the value may [Chorus] Project, discount, calculate the worth P-D-C through uncertain earth Terminal value at the journey's end Discount rates that twist and bend DCF for private gold Stories that the numbers told [Outro] When public comps and private dreams collide DCF becomes her faithful guide Through murky waters, opaque and deep Valuation promises she'll keep
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