Pricing of Employee Options in Pre-IPO Venture Capital Backed Companies

Bradley A. Fowler, JD, ASA, is President of Fowler Valuation Services, LC of Austin, Texas. He is a member of the ASA Business Valuation Committee and serves as Associate Editor of Business Valuation Review.

Edward C. Fowler, CFA, ASA is Vice President of Fowler Valuation Services, LC.