Ask HN: Setting fair market valuation for founder's equity 16 years ago
thanks for the pointer!
HN user
thanks for the pointer!
We have an attorney and are looking for an accountant. But I wanted to check on HN as well.
We built a site and get a couple thousand visitors a day. But it's not self-sustaining - if we dropped work on it, the traffic would probably drop off. So I figured $10k was fair (?)
We plan to buy our founders shares, so I think (with the 83b election) our net income is zero — we paid $X for $x worth of shares.