Learning from Shanna Tellerman's Path of Building Modsy

She launched an interior design service, but she hadn’t accounted for treadmills. Or dog beds. Another customer wanted their design to incorporate a cat jungle gym.
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Don't Sell Your Company for Common Stock!

Private companies are often acquired by other private companies. However, many private sellers end up with the Common Stock of the buyer, which is substantially worth less than assumed. Don't make that mistake.
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What is a Purchase Price Allocation?

A Purchase Price Allocation (“PPA”) is frequently required for tax and financial reporting following a merger or acquisition . However, a PPA can be much more than just an accounting exercise.
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PMV vs FMV vs Enterprise Value. Why Would Valuations Differ?

Understanding the difference between Pre-Money-Valuation and Fair Market Value and Enterprise Value can help you navigate fundraising and negotiation discussions. Finance degree not required.
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What is a 409A Valuation Report?

A 409A valuation report is a valuation prepared by an independent appraisal of the fair market value (FMV) of a private company’s common stock. 409A valuations allow private companies to comply with section 409A of the IRS tax codes which regulates non-cash compensations (stock and option grants).
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Valuation Glossary

409A Valuation, Fair Market Value definition, Enterprise Value vs Equity Value, DLOM, etc. Everything you need to know about valuations.
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Loopholes, Exploits, and Regulations: A brief history of 409A

A brief history of 409A valuations and how the Section 409A of the Internal Revenue Code came about. Enron, Stock Options, Loopholes, and Regulations.
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