Stephen Locke

• Currently perform 409a common stock valuations as part of Morgan Stanley at Work for privately held companies with complex capital structures.
• Focused on mid to late stage companies mainly in the technology and life sciences industries
• Increased team productivity and valuation quality by supporting colleagues, reviewing their valuations, and acting as a technical resource
• Enhanced customer satisfaction by promptly resolving issues, maintaining open lines of communication, and ensuring high-quality service delivery.
• Provided additional advisory support to C-suite and related to third party inquiries (auditors, BOD members)

Consultant (October 2018-April 2021)

• Provided 409a common stock valuation services to Solium Capital, LLC. (see description above from Morgan Stanley)

Franchise Owner - Transworld Business Advisors of South Shore Boston (June 2018-July 2019)

• Small Business Advisory Services included deal sourcing, business valuation, sales marketing strategy, financing Strategy, deal negotiation

• Performed common stock valuation analysis for privately held companies (Seed/Series A to pre-IPO) for common option granting purposes
• Managed approximately 120-140 valuation projects annually
• Managed junior staff and outsourced staff, provided advisory support to C-suite, and provided valuation support related to third party inquiries (auditors, BOD members)

• Primarily performed/supported common stock valuation analysis for privately held companies for common option granting purposes
• Valued VC backed, privately held firms with complex capital structures
• Valued firms using DCF, market approach, or cost approach for financial reporting uses
• Allocated firm value utilizing Probability Expected Return Method, Option pricing Method, and Current Value methods (via excel)
• Performed audit reviews related to valuing the common stock or private companies for use in setting stock option exercise prices
• Valued intangible assets in connection with merger and acquisition business combination accounting.