Eqvista

BACKGROUND

Please describe your company and position.

I am the CEO of Dapper Boi, Inc.

Describe what your company does in a single sentence.

Dapper Boi is an all-gender, size-inclusive e-commerce clothing brand.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

409A Valuation

SOLUTION

How did you find Eqvista?

Referral

Why did you select Eqvista over others?

• Pricing fit our budget
• Great culture fit
• Good value for cost
• Referred to me

How many teammates from Eqvista were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

We engaged Eqvista to perform detailed and precise 409a valuations, ensuring regulatory compliance and providing us with a dependable assessment of our company's value for equity compensation purposes.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The measurable outcomes from the 409a valuation project included securing a validated fair market value for our common stock, ensuring compliance with IRS regulations, enabling accurate equity compensation decisions, and providing transparency for our employees.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Eqvista demonstrated effective project management by consistently delivering 409a valuation reports on time and being highly responsive to our needs throughout the process. Their team communicated proactively, promptly addressed our concerns, and ensured all our requirements were met.  They demonstrated a streamlined workflow and were highly flexible and receptive to feedback.

What was your primary form of communication with Eqvista?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

What impressed us most about Eqvista was their unwavering commitment to customer support and their thoroughness in answering our questions about the 409a valuation and process.  I was also very impressed with their in-depth market research.

Are there any areas for improvement or something Eqvista could have done differently?

N/A

BACKGROUND

Please describe your company and position.

I am the Audit Manager of a Business Services Company

Describe what your company does in a single sentence.

Provide outsourcing service to worldwide clients

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• We hired Eqvista to conduct thorough and accurate 409a valuations, ensuring compliance with regulatory requirements and providing us with a reliable assessment of our company's worth for equity compensation purposes

SOLUTION

How did you find Eqvista?

Referral

Why did you select Eqvista over others?

• Great culture fit
• Good value for cost
• Company values aligned

How many teammates from Eqvista were assigned to this project?

6-10 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Eqvista performed a detailed 409a valuation for our company, analyzing financial data, market trends, and risk factors to determine our FMV. We received a comprehensive valuation report with methodology, assumptions, and findings, along with ongoing support for equity issuance.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Measurable outcomes from the 409a valuation project included obtaining a validated fair market value for our common stock, ensuring compliance with IRS regulations, facilitating accurate equity compensation decisions, and providing transparency for our employees.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Eqvista exhibited effective project management by delivering 409a valuation reports on time and being responsive to our needs throughout the process. Their team communicated proactively, addressed our concerns promptly, and ensured that our requirements were met.

What was your primary form of communication with Eqvista?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

What impressed us most about Eqvista was their commitment to customer support and answering our questions about the 409a valuation and process.

Are there any areas for improvement or something Eqvista could have done differently?

None.

BACKGROUND

Please describe your company and position.

I am the Process Improvement of General Dynamics Information Technology

Describe what your company does in a single sentence.

GDIT is a global technology and professional services company that delivers consulting, technology and mission services to every major agency across the U.S. government, defense and intelligence community.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• We hired Eqvista to help us perform a 409a valuation for our company. The valuation was critical in resolving a shareholder dispute and ensuring compliance with IRS requirements for equity compensation. Our main goal was to get an accurate, detailed, and defensible valuation report.

SOLUTION

How did you find Eqvista?

Online Search

Why did you select Eqvista over others?

• High ratings
• Good value for cost
• Company values aligned

How many teammates from Eqvista were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

The scope of work began with Eqvista collecting and analyzing our company’s financial documents. They conducted a thorough review of our business model and market conditions to deliver a detailed 409a valuation report. Key deliverables included:

1. A comprehensive and IRS-compliant 409a valuation report.
2. Supporting analysis and explanations that clarified the valuation process.
3. Consultations to address questions and ensure we understood the findings.

Their work helped us navigate the shareholder dispute efficiently while maintaining transparency and accuracy.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Receiving a detailed 409a valuation report that met all IRS standards and was well-received during discussions with shareholders. Their work played a significant role in resolving the dispute, as the valuation offered a clear and unbiased assessment of our company’s equity value.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Eqvista’s project management was excellent. They adhered to the timeline we discussed and delivered the valuation report ahead of schedule. Their team was responsive to our questions and needs, providing timely updates and clear explanations throughout the project.

What was your primary form of communication with Eqvista?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

• Eqvista’s depth of knowledge and attention to detail were impressive.
• Their ability to simplify complex valuation concepts and tailor the report to address our shareholder dispute made them stand out. 
• Additionally, their professionalism and responsiveness exceeded our expectations.

Are there any areas for improvement or something Eqvista could have done differently?

everything was smooth and efficient.

BACKGROUND

Please describe your company and position.

I am the Lead Project Manager of Block

Describe what your company does in a single sentence.

They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• Calculate the value of a 20% ownership interest in Block

SOLUTION

How did you find Eqvista?

• Online Search
• Referral

Why did you select Eqvista over others?

• Pricing fit our budget
• Good value for cost
• Referred to me

How many teammates from Eqvista were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

We consulted Eqvista to provide a valuation report for a 20 equity partner for our company in which they did perfectly.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Delivery of a finished calculation of value report with exhibits.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Eqvista is very responsive and keeps things moving in a timely fashion. They absolutely delivered the draft and then the final report on time.

What was your primary form of communication with Eqvista?

Email or Messaging App

What did you find most impressive or unique about this company?

I enjoyed the customer portal and having the security of uploading documents and also a project timeline and tasks to complete to show the progress.

Are there any areas for improvement or something Eqvista could have done differently?

I can`t think of any improvement needed as far as I'm concerned

BACKGROUND

Please describe your company and position.

I am the Co-Founder of PoSciDonDAO Foundation

Describe what your company does in a single sentence.

Fund personalized medicine research by leveraging blockchain technology

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• Creating a 409a valuation for our organisation

SOLUTION

How did you find Eqvista?

Online Search

Why did you select Eqvista over others?

• High ratings
• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Eqvista were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

We requested a 409a valuation form and received it within 2 weeks. 

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

To receive the 409a valuation form for our organisation.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Yes they were flexible and on time with the deliverable. They were kind and quick to respond to any questions we had.

What was your primary form of communication with Eqvista?

Email or Messaging App

What did you find most impressive or unique about this company?

Their pricing is related to the size of the business requesting a 409a valuation form. We are a small business still so the pricing fit our budget. Also, their report is comprehensive and accurate.

Are there any areas for improvement or something Eqvista could have done differently?

None

BACKGROUND

Please describe your company and position.

I am the VP - Finance of Cenergy Power

Describe what your company does in a single sentence.

We develop, build, own and operate community solar projects throughout the US.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• Complete a 409A Valuation of our company for our FY 2023 GAAP Audit

SOLUTION

How did you find Eqvista?

Online Search

Why did you select Eqvista over others?

• High ratings
• Pricing fit our budget
• Good value for cost

How many teammates from Eqvista were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

EqVista was hired by our company to complete 409A valuations that were needed for our annual financial audit.  This required us to provide EqVista with details regarding our company so they could complete the valuation.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Completed 409A Valuation Report accepted by our Auditors

Describe their project management. Did they deliver items on time? How did they respond to your needs?

The team at EqVista was very responsive and provided a high level of customer service.  They delivered all items on time and sent them to us via email.

What was your primary form of communication with Eqvista?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

I was most impressed by their thorough follow-up and quick response time to any questions and/or concerns.

Are there any areas for improvement or something Eqvista could have done differently?

None noted

BACKGROUND

Please describe your company and position.

I am the CTO of Community Capital Technology Inc

Describe what your company does in a single sentence.

Community Capital is a digital loan trading exchange and business intelligence platform providing financial institutions – along with other originators and credit investors – a simpler, smarter and more cost-effective way to buy, sell and/or participate out loans of any type.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• 409a valuation

SOLUTION

How did you find Eqvista?

Referral

Why did you select Eqvista over others?

• Pricing fit our budget
• Good value for cost

How many teammates from Eqvista were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Revised 409a Valuation

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Delivery of a 409a in a timely manner.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

They completed the project ahead of schedule and met our timeline expectations. They were really adaptable and open to criticism.

What was your primary form of communication with Eqvista?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Eqvista's flexibility and attention to detail were impressive.

Are there any areas for improvement or something Eqvista could have done differently?

No, the process was rather easy to follow.

BACKGROUND

Please describe your company and position.

I am the Co-Founder and COO of Mobisoft Infotech

Describe what your company does in a single sentence.

Mobisoft Infotech is a digital product development company

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• 409a valuation

SOLUTION

How did you find Eqvista?

Online Search

Why did you select Eqvista over others?

• High ratings
• Pricing fit our budget

How many teammates from Eqvista were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Offering clear guidance throughout the valuation process. Their prompt responses to enquiries and transparent communication channels ensure smooth file requests and follow-ups. Moreover, they provide insightful consultation on our company's forecast, aligning it with market realities.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

• Great team to work with. 
• Went through the process step by step and revealed their logic at each phase in determining the value of the software. 
• The full process was quick and professional. 
• They are well informed with the valuation.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Interaction was easy and very fast, when we asked for more information or details, they came back to us in hours

What was your primary form of communication with Eqvista?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Eqvista offered thorough and accurate valuation services. I was impressed by their speed and the reports' quality.

Are there any areas for improvement or something Eqvista could have done differently?

none

BACKGROUND

Please describe your company and position.

I am the CFO of SportsDataIO

Describe what your company does in a single sentence.

Data Technology

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Eqvista to accomplish?

• Obtain an initial equity valuation

SOLUTION

How did you find Eqvista?

Online Search

Why did you select Eqvista over others?

• High ratings
• Pricing fit our budget
• Great culture fit
• Good value for cost

Describe the scope of work in detail. Please include a summary of key deliverables.

Provide an initial business valuation for multiple years.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Equivista provided a professional, timely and accurate service we were extremley satisfied with at an excelent price point.  Their communication and processes were world class and we received updates from them almost daily as the project progressed. 

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Extremley communicative and accomodaiting to our requests.  They beat their deadline even with us adding some changes.

What was your primary form of communication with Eqvista?

Email or Messaging App

What did you find most impressive or unique about this company?

I feel like, for the price, Eqvista offered us world-class service and attention.

Are there any areas for improvement or something Eqvista could have done differently?

None