I've read the two other threads regarding 409A valuations. There are two questions I'm still looking for guidance on.
1) Do you have recommendations of a good firm to use for a 409a valuation of a illiquid corporation? What was the cost? It seams that the price of a valuation was coming down in 2013, I'm wondering if Ican afford to do this on my own dime, pre-funding, in order to lock in the best valuation for my first hire.
2) Mine is an illiquid corporation with no customers, no patents, no investors, no nothing except my own experience in the subject matter, big plans, and some code that I happen to think is really slick. It's been years since I formed the corporation, and all of my shares have vested (par value strike price). Would it be safe to say we're STILL at or near par value? Or is there more value to the company even though we don't quite have anything solid yet?
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