If you are a founder of a private company, you must be well aware of the importance of the valuation of your company. One of the important valuations is the 409A valuation. It may not seem to be interesting to you. However, if you want your business to succeed in the long-run, 409A valuation is important. In this blog, you will get to know the importance of valuation for crypto companies. Let’s dive in!
What is the 409A valuation?
Before getting into the details, the first thing you must know is what the 409A valuation is. The value of a private company is not set by the market as in the case of a public company. The overall value of the company determines the share price of the private company. That is where the 409A valuation comes into the picture. A 409A valuation is an unbiased, independent appraisal that determines the actual worth of the common stocks of a private company. It helps in finding the fair market value (FMV) of the stocks of a company. In other words, 409A valuation determines the cost of buying the shares of the company.
Top Factors Affecting the Company Valuation
There are a number of factors that influence the valuation of a private company. Some of the important factors are listed below.
- Market Size
Market size is one of the important factors affecting company valuation. When the market size of your company is large, the chances of investments are more, thereby increasing the value of your company. However, the demand of the market also matters. In case you operate in a saturated market where the growth is stagnant, the chances of investment are less.
- Industry Demand
One of the most important factors is the industry in which your company operates. If your company operates in a trending or hot industry, the investment chances are likely to be high. This, in turn, enhances the worth of your company.
- Development Stage
If you have a medium-sized company, your company valuation will be higher. On the other, if you are just a startup, the valuation will be relatively low.
- Investor Demand
Investor demand also plays an important role in determining the valuation of your company. The more the investors demand, the higher will be the valuation of your company.
- Traction
With the increase in traction, the company valuation increases significantly. If you have proper evidence that your company is gaining traction, then your valuation will be high.
- General Economy
The general economy also matters. When the general economy is low, the valuation of your company will be less and vice versa.
Need of 409A Valuation for Crypto Companies
Blockchain is one of the most evolving technologies in recent times. With the rise in demand for blockchain technology, the number of crypto companies is also increasing. Many companies raise funds through Initial Coin Offerings (ICOs) and use tokens to incentivize their directors, founders, and employees. However, there are companies that trade in cryptocurrencies and determine the worth of their companies through non-traditional methods. That is where the 409A valuation proves to be helpful.
When a crypto company plans to issue employee deferred compensation, 409A valuation is a must. It helps in the determination of the fair market value of the crypto-tokens and shares of the company. The valuation is also essential for tax purposes and for compliance. Before issuing the deferred compensation, the valuation is to be done.
Performing the 409A valuation of a crypto company is quite different from that of other private companies. It involves finding out the fair market value of the tokens instead of shares. It also takes into consideration the cryptocurrency stage for an accurate valuation. So, make sure to connect with the right evaluators. Look for companies with expertise in crypto company valuation. Are you in search of an evaluator to provide you with accurate valuations? Sharp 409A can get your valuation done in the best possible way.
Topic: 409A Valuation