The "Mexican Standoff" variation of this is much more fun. In the case of two parties, you both come to the table with sealed envelopes, and inside those envel

The "Mexican Standoff" variation of this is much more fun. In the case of two parties, you both come to the table with sealed envelopes, and inside those envelopes is a document saying how much you think the company is worth, and how much you will pay for the other parties' equity. You then open the envelopes and whoever has the highest number will then buy out the other according to their valuation.