Mastery card
I can explain Fair Market Value
An appraised share value used for option pricing.
Fair market value (FMV) for private-company shares is an independent or board-determined valuation used to set option strike prices and for certain tax analyses.
Sticky trick
Refresh valuations as the company changes materially.
Take into the room
In plain English, what is Fair Market Value?
Or open the share card ⚖️
Or start your own 5-word trail from home.