409A-style valuation inputs checklist and common pitfalls

Prepare a 409A-style valuation readiness checklist for {company_name} as of {valuation_date}.

Inputs:
- Capitalization table and financing history: {cap_table}
- Recent transactions: {recent_transactions}
- Financial forecasts: {forecasts}
- Market/peer context: {market_context}
- Option plan details: {option_plan_details}

Output:
1) Input checklist (cap table, terms, forecasts, board approvals, market data).
2) Common pitfalls and how to avoid them (stale forecasts, missing preferences, inconsistent metrics).
3) Timeline and stakeholder responsibilities.
4) Questions to clarify before engaging a valuation specialist.

Do not provide a legal valuation opinion; focus on readiness.