A 409A is an independent appraisal of the fair market value of a company's common stock reserved for founders and employees. This valuation is required by IRS Section 409A and determines the cost to purchase a share.
Read more about compliance and 409A valuations in our cap table glossary.
Watch video: 409A example
Navigate to the 409A Valuation page
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Note: If you do not yet have a 409A valuation, see How to create a 409A valuation to get started. This will take you directly to the site of our 409A partner, Sharp 409A, to get started with your valuation.
Related Articles: How to create, edit, delete a 409A valuation
Read more on 409A valuations in our Cap Table Glossary