409a

Why did Twitter (X)’s valuation tank 56% in one year?

The company formerly known as Twitter, X is valuing itself at $19 billion, per internal documents obtained by Fortune. When Elon Musk bought the company one year ago this week, he paid about $44 billi

A niche facet of startup employee pay, explained

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single to

Stripe’s new and lower internal valuation, explained

As one of the most richly valued startups in history, is Stripe's internal valuation cut as bearish as the big numbers might lead some to believe?

WTF is a 409A?

In the past few months, both Stripe and Instacart have seen their internal valuations updated in a 409A appraisal process. What is this all about, and why should startups consider a lower valuation?

Selling Private Company Shares 2.0

Congratulations, you now own stock in a private company… but can you sell any of it? The considerations that go into answering this question have changed over time as the process for selling private

eShares Tackles The Headache Of Startup Valuations By Offering “409A-As-A-Service”

<a target="_blank" href="http://www.eshares.com">eShares</a>, a company trying to <a href="https://techcrunch.com/2013/08/13/eshares/">replace paper records for stock options and shares</a>, has expan