{
  "manifestVersion": 1,
  "process": {
    "slug": "409a-valuation",
    "title": "409A valuation",
    "phase": "fundraising",
    "description": "Commission a 409A valuation to establish fair market value for stock options."
  },
  "manifestUrl": "https://ultrametric.ai/productarena/processes/409a-valuation/manifest.json",
  "steps": [
    {
      "id": "n1",
      "title": "Compile financial statements",
      "kind": "api",
      "route": "agent",
      "toolCall": null,
      "calls": [
        {
          "method": "GET /v3/company/{id}/reports/ProfitAndLoss",
          "type": "rest",
          "description": "Pull P&L from QuickBooks"
        },
        {
          "method": "GET /v3/company/{id}/reports/BalanceSheet",
          "type": "rest",
          "description": "Pull Balance Sheet"
        }
      ],
      "vendorOptions": [
        {
          "vendor": "quickbooks",
          "name": "QuickBooks Online",
          "productId": "quickbooks",
          "arena": "accounting",
          "agentReady": 38.5,
          "mcpEndpoint": null,
          "paProductUrl": "https://ultrametric.ai/productarena/arena/accounting/product/quickbooks"
        }
      ],
      "approvalRequired": false,
      "riskLevel": null,
      "estimatedMinutes": 10,
      "async": false
    },
    {
      "id": "n2",
      "title": "Gather cap table snapshot",
      "kind": "api",
      "route": "agent",
      "toolCall": null,
      "calls": [
        {
          "method": "GET /v1/companies/{id}/cap_table",
          "type": "rest",
          "description": "Export cap table from Carta"
        }
      ],
      "vendorOptions": [
        {
          "vendor": "carta",
          "name": "Carta",
          "productId": "carta",
          "arena": "equity-management",
          "agentReady": 35.7,
          "mcpEndpoint": "https://mcp.app.carta.com/mcp",
          "paProductUrl": "https://ultrametric.ai/productarena/arena/equity-management/product/carta"
        }
      ],
      "approvalRequired": false,
      "riskLevel": null,
      "estimatedMinutes": 5,
      "async": false
    },
    {
      "id": "n3",
      "title": "Initiate 409A on Carta",
      "kind": "computer-use",
      "route": "form",
      "toolCall": null,
      "calls": [],
      "vendorOptions": [
        {
          "vendor": "carta",
          "name": "Carta",
          "productId": "carta",
          "arena": "equity-management",
          "agentReady": 35.7,
          "mcpEndpoint": "https://mcp.app.carta.com/mcp",
          "paProductUrl": "https://ultrametric.ai/productarena/arena/equity-management/product/carta"
        }
      ],
      "approvalRequired": true,
      "riskLevel": "medium",
      "estimatedMinutes": 15,
      "async": false
    },
    {
      "id": "n4",
      "title": "Answer valuation questionnaire",
      "kind": "human",
      "route": "person",
      "toolCall": null,
      "calls": [],
      "vendorOptions": [],
      "approvalRequired": true,
      "riskLevel": "medium",
      "estimatedMinutes": 60,
      "async": false
    },
    {
      "id": "n5",
      "title": "Wait for valuation report (2-3 weeks)",
      "kind": "human",
      "route": "person",
      "toolCall": null,
      "calls": [],
      "vendorOptions": [
        {
          "vendor": "carta",
          "name": "Carta",
          "productId": "carta",
          "arena": "equity-management",
          "agentReady": 35.7,
          "mcpEndpoint": "https://mcp.app.carta.com/mcp",
          "paProductUrl": "https://ultrametric.ai/productarena/arena/equity-management/product/carta"
        }
      ],
      "approvalRequired": false,
      "riskLevel": null,
      "estimatedMinutes": 14400,
      "async": true
    },
    {
      "id": "n6",
      "title": "Review and accept valuation",
      "kind": "human",
      "route": "person",
      "toolCall": null,
      "calls": [],
      "vendorOptions": [],
      "approvalRequired": true,
      "riskLevel": "high",
      "estimatedMinutes": 30,
      "async": false,
      "irreducible": "judgment or identity — work an agent shouldn’t stand in for"
    }
  ],
  "provenance": {
    "source": "productarena",
    "url": "https://ultrametric.ai/productarena",
    "generatedFrom": "data/processes.json + data/process-chains.json (the ProductArena founder-process corpus), resolved against live arena leaderboards at build time. Regenerate by refetching this manifest URL — it always reflects the currently deployed data, not a pinned data commit.",
    "license": "ProductArena Data License (DATA-LICENSE in github.com/ultrametricai/productarena): querying and quoting with attribution to \"ProductArena by Ultrametric Inc\" is fine; bulk redistribution or use to build competing datasets requires written permission."
  }
}