#90: Token Launch & Valuation with Neil Thakur from Teknos Associates

In practice, token launches are often delayed, and that can slow down the entire roadmap of a web3 project.Once there’s a traded price for a token, it’s difficult to walk it back. Post-launch valuations are often magnitudes higher than pre-launch ones. That’s why valuation reports have a limited shelf life, and why getting it right matters.My guest is Neil Thakur, Managing Director and Founding Member at Teknos Associates, a crypto valuation & advisory firm.If you’re in the middle of launching a token or structuring your SAFT with lawyers and advisors, this episode could help you avoid some costly mistakes.✅ OUR RESOURCES💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠⁠⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠https://www.theaccountantquits.com/free-class⁠⁠🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠ 🎙️ Follow Episode GuestNeil Thakur: https://www.linkedin.com/in/neilkthakur/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠ Topics Covered:(0:00) Coming Up(0:59) Episode intro(2:49) When to get a token valuation & pitfalls(9:14) Shelf life of a token valuation report(11:25) IP valuation & transfer pricing issues(16:04) Transfer pricing for LabCo, Token SPV & Foundation(18:47) Thanks to our sponsor Request Finance(20:27) Token grants & valuation(24:27) Differences with  common option grants (27:42) Checklist for  structuring token grants(31:16) Tax savings through 83b election filing(38:02)  Pricing methodologies for a token pre-launch(44:00) Thanks to our sponsor Octav(45:40) What if you forgot to file a 83(b) election(48:05) Donations and gifting with HNW individuals (50:31) M&As in web3 & valuation issues(53:49) Provisions for protection against token considerations for M&As(55:19) Level 2 and Level 3 crypto assets(01:00:40) Overview of Teknos Associates services(01:04:33) Onboarding of a client(01:07:35) Services after a token launch(01:09:31) Closing thoughts(01:12:26) Reach out to Neil