Private Company Stock Options: Determining Fair Market Value in ...

Valuation “Quasi” Safe Harbor
• Valuation of an “illiquid start-up
corporation”
– Corporation must be in business for less than 10
years, cannot have publicly-traded equity, and
stock must not be subject to any put or call right
– Must be made reasonably and in good faith by a
person or persons with significant knowledge and
experience or training in performing such
valuations
– Must be evidenced by a written report
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