Learn the fundamentals of 409A valuations. Understand what they are, why they matter, and how they work for startup equity compensation.
5 articles — Updated July 2026
What is a 409A valuation? Plain-English definition for founders covering IRS rules, fair market value, stock options, and why every startup needs one.
Read moreEverything you need to know about 409A valuations—what they are, when they're required, how the process works, what they cost, and why they matter for your startup's equity compensation.
Read moreUnderstanding the fundamentals of 409A valuations, why they're required, and how they impact your startup's equity compensation.
Read moreHow a profits interest works in an LLC: the liquidation test, how it's taxed at grant, while held, and on sale, and how it compares to phantom equity and capital interests.
Read moreManagement Incentive Units are how LLCs grant equity upside to employees and advisors. How MIUs are structured, vested, and valued — and how they compare to a plain profits interest.
Read moreEverything founders and CFOs need to know about 409A valuations: what they are, why they matter, and how to stay compliant as your company scales.
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