factually
Index/Topics/409A Valuations

409A Valuations

The process of determining the fair market value of a company's stock for tax purposes, and how secondary transactions impact these valuations.

Fact-Checks

2 results
Jan 25, 2026
Most Viewed

What investors are on DuckDuckGo’s cap table and how much equity do they hold?

cap table includes a mix of venture funds, -market buyers and prominent angel/backer names disclosed across databases, but precise ownership percentages are not publicly disclosed; available reporting...

Jan 17, 2026

How do secondary transactions (like DuckDuckGo’s 2020–21 deal) affect employee and founder ownership?

Secondary transactions let existing shareholders sell shares to new buyers without issuing new equity, and in practice they have reshaped founder and employee ownership by providing liquidity, alterin...