Which value should be my mid case?

Whichever you would defend to someone sceptical. A common approach is the most recent round price for the mid case, the 409A for the low case, and a secondary quote for the high — but the point of three columns is that you should not need to pick just one.

Does a scenario mean my shares are worth that?

No. It shows what the arithmetic gives under an assumption you chose. Private shares are illiquid and transfer-restricted, so a value on screen is not a value you can realise, and none of these figures is a prediction.

Why not just show me the real price?

For around 2,000 private companies, ExitCue does show an estimated share price built from observed secondary-market activity, with the date it was seen. This tool is for the case where you would rather reason from your own assumptions.

Free tool

What could your private stock be worth?

Private shares have no public price, so any value is a scenario. Enter your share count and three per-share values you consider low, mid, and high, and see the estimated value at each.

No account needed
Your numbers stay in your browser
Educational estimate, never advice

Your equity and your assumptions

Share countOptions (not RSUs or shares)Low per-share scenario (USD)Mid per-share scenario (USD)High per-share scenario (USD)Anchor these however you like: a 409A, the last round, or your own judgment. They're assumptions, not data.

Your answer appears here

Fill in the fields, or start from an example and edit it.

How this is calculated

The arithmetic is deliberately simple: share count times each per-share value you supply. What matters is where those three values come from, and they come from you — this tool never supplies or predicts a price.

Reasonable anchors include your latest 409A valuation, the price from the most recent funding round, and any secondary-market quote you have seen. They routinely differ from each other, sometimes by a lot, and none of them is a price you can necessarily transact at.

For options, remember the value shown is the gross figure: exercising costs you the strike price per share, and that cash comes first.

Questions people ask

Which value should be my mid case?: Whichever you would defend to someone sceptical. A common approach is the most recent round price for the mid case, the 409A for the low case, and a secondary quote for the high — but the point of three columns is that you should not need to pick just one.
Does a scenario mean my shares are worth that?: No. It shows what the arithmetic gives under an assumption you chose. Private shares are illiquid and transfer-restricted, so a value on screen is not a value you can realise, and none of these figures is a prediction.
Why not just show me the real price?: For around 2,000 private companies, ExitCue does show an estimated share price built from observed secondary-market activity, with the date it was seen. This tool is for the case where you would rather reason from your own assumptions.

Stop retyping your grant into calculators

ExitCue keeps your grants, vesting, and deadlines in one place and attaches the latest estimated share price for your company — with the date it was observed. Free, and the price is never behind a paywall.

Check my company Learn the basics

Keep going

Behind this calculation: Where your estimated share price comes from.

Other free calculators: Private vs public offer, Option exercise cost, Vesting schedule.

Looking for a specific employer? The company directory has estimated share prices for around 2,000 private companies.