Entrepreneurs want to value their companies as low as they

Question

• Entrepreneurs want to value their companies as low as they can for stock option purposes, but as high as they can when they are attempting to raise capital. Analyze how often this statement may be true. Provide an example to support your response.   
• Take a position on the following statement: When evaluating a small start-up company, valuation becomes more art than science. Support your position with evidence or examples.