Congratulations on closing your Series A round! Wouldn't it be great to know what price your options are going to be granted at as soon as you know the price of the Series A round?
Unfortunately you've probably been told "we have to wait until the 409A valuation is done" before we know what price to grant options at. But does that make sense, intuitively? Wouldn't you rather have the price within a day or two, for free? If so, the 409A Alexa skill can help get you a highly accurate estimate of what the typical qualified appraiser (or business valuator) would come up with.
Perhaps just as amazing, the 409A Alexa skill will lock in a highly discounted fee based on 50% of what you paid for your previous 409A valuation.
How is this possible?
The most important variable in determine a fair grant price for stock options, just after a round has been completed, is the price of preferred stock you just issued. This putting this price into a formula qualifies as science, so takes very little time for a human to do and takes fractions of a second to do with commodity software.
So what takes so much time for a regular 409A valuation? Take the free valuation science "quiz" inside to find out. If you like what you learn then go ahead and record your passing score to get the estimated grant price for your stock options within 24 hours of providing some basic information, along with the right to get a complete valuation done for 50% of what you paid for your company's last valuation.
Just say, "Alexa, open stock options!” to get started.
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