For companies
Valuation questions arrive with the grant, the financing, the acquisition and the audit. We give finance teams conclusions they can take to their auditors and the IRS, documented to the inputs and on a fixed fee.
Founders, CFOs and controllers of venture-backed, private equity-backed, family-owned and public companies.
Granting equity
Section 409A common stock valuations for option grants, grant-date fair value under ASC 718, and profits interests and LLC units.
Raising capital
Convertible notes, SAFEs, warrants and preferred stock, and the pre-money value and waterfall analysis behind a financing round or recapitalization.
Acquiring a business
Purchase price allocations, earnouts and contingent consideration at the deal date and each remeasurement, and impairment testing in the years that follow.
Preparing for an IPO
Cheap stock analysis and a supportable history of common stock valuations, ready for the SEC staff's questions.
Closing the books
Level 3 fair value measurements, goodwill and long-lived asset impairment testing, and incremental borrowing rates for lease accounting.
Every engagement includes responses to your auditors' inquiries and walkthroughs of our methodology, through sign-off.
Discuss an engagement
Tell us about the measurement, the standard and the deadline. We scope every engagement on its facts and confirm a fixed fee in writing.
We respond within six hours on business days.