Alpha for private markets.
Live multiples. Defensible valuations. The intelligence layer for private markets - written for searchers, advisors, and owners who need the numbers before everyone else.
Definitive references on valuation methodology. Written to rank and to teach - the source of truth for how Value Alpha thinks about private markets.
How to Value a Startup: Methods That Actually Work
A practical guide to valuing a startup at any stage: why earnings multiples and DCF break down, and how to use Scorecard, Berkus, the VC method, revenue multiples, comparable rounds, and scenario-weighted First Chicago to reach a defensible range.
How to Value a Limited Company (LLC / Ltd): A Practical Guide
A step-by-step guide to valuing a private limited company: normalize the P&L with owner add-backs, bridge from enterprise to equity value with net debt, run DCF, comps, and the asset floor, then apply minority and marketability discounts and reconcile into a defensible range.
How to Value a Business: A Step-by-Step Guide
A practical, step-by-step guide to valuing a business: recast the financials, pick the right methods, run DCF, comps, and the asset floor, then reconcile into a defensible range.
SBA 7(a) Business Valuation Requirements: The Complete 2026 Guide
Everything ETA buyers and sellers need to know about SBA 7(a) business valuation requirements under SOP 50 10 8 - the $250,000 independent appraisal threshold, who qualifies to perform the valuation, accepted methods, costs, and timelines.
Free Business Valuation Calculator - How It Works and How to Use It
Free business valuation calculator powered by 12,700+ SMB comps. Get a VA Index in under a minute - bear, base, and bull estimates with a confidence score. No signup, no credit card.
What Is Alpha in Private Business? The Five Sources of Excess Returns
Alpha in private markets is excess return above a benchmark. Five sources: information asymmetry, operational improvements, multiple arbitrage, valuation gaps, and roll-ups.
Shorter takes. Industry commentary. Practical insights for buyers, sellers, and advisors working deals this quarter.
SBA 7(a) Business Valuation Requirements (2026): A Buyer's Guide
SBA 7(a) acquisitions need an independent business valuation once the financed amount tops $250,000. See the 2026 SOP 50 10 8 rules, who qualifies, and what to prepare.
How to Value an HVAC Business in 2026: SDE and EBITDA Multiples
HVAC businesses sell for about 2x to 3.3x SDE for small shops and 5x to 9x EBITDA for larger firms. See 2026 multiples by size and what drives the number.
The Brief · Dispatch Nº1: Why Main Street Doesn't Trade Like SaaS
Profitable home-services businesses trade near 11× EBITDA while SaaS sits at 24× - the multiple you anchor to drives most of the valuation gap. Plus what we shipped.
Add-Backs Explained: How to Normalize EBITDA Before You Sell
Add-backs adjust your reported earnings to reflect true business profitability. Learn which add-backs buyers accept, which they reject, and how normalization affects your valuation.
The Valuation Gap: Why Owners and Buyers Price the Same Business Differently
The valuation gap is the difference between what you think your business is worth and what a buyer will pay. Here's why it happens - and how to close it before you go to market.
WACC Explained: Why Your Discount Rate Can Make or Break a Valuation
WACC is one of the most misunderstood terms in business valuation. Here's what it is, why it matters, and how it directly affects what your business is worth.
Valuation intelligence, once a month.
Valuation insights, best practices, and market multiple trends. Delivered the first Tuesday of every month. Written for searchers, advisors, and owners who want to stay sharp.
Free · No spam · Unsubscribe anytime