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the way we value startups (at the last funding event) That may be how you value startups, but I guarantee you that if the CRA looks closely it's not how they w
by cperciva 11y ago
the way we value startups (at the last funding event)
That may be how you value startups, but I guarantee you that if the CRA looks closely it's not how they would value the shares on the eve of a deal which values the shares much higher.
- 3pt14159 11y agoMy experience is that short of being 60 days before a deal the CRA generally accepts the previous funding round as the valuation. I agree that the actual eve of the deal wouldn't fly though.