Valuation
Business valuation
For priced rounds, M&A, and board decisions.
A number without a method is an opinion. We produce a defensible range — DCF, comps, and the venture method where they belong — so the conversation is about assumptions, not guesswork.
When this is the work
A priced round is coming
Pre-money has to be argued, not hoped. We give the board a range they can stand behind.
A transaction is in view
Buy-side or sell-side. Counterparties will have their own number. You need yours.
The cap table is not simple
Preferences, convertibles, and option pools change what common is worth. We run the waterfall.
How the work runs
- 01
Purpose and data
Raise, M&A, or planning. Then financials, cap table, and the market set we will actually use.
- 02
Methods
Income, market, and venture-capital approaches as the stage requires — triangulated, not averaged blindly.
- 03
Report
A written conclusion with exhibits. Usable in a data room and in a board meeting.