The article says that 409a valuations are imprecise, costly, and unnecessary tools that enable founders to prevent the secondary sale of company stock, and disenfranchise employees and early investors.
This is almost 100% hyperventilation.
I took to Medium to try and explain that 409a valuations are:
a government-required, largely commoditized service;
a consistent, objective approach to dealing with the uncertainty of startups;
nothing more than the translation of the startup’s underlying business fundamentals.
This is almost 100% hyperventilation.
I took to Medium to try and explain that 409a valuations are: a government-required, largely commoditized service; a consistent, objective approach to dealing with the uncertainty of startups; nothing more than the translation of the startup’s underlying business fundamentals.
Link: https://medium.com/@tim.riser/startup-valuations-are-no-shel...