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Is this a US specific problem? In Germany companies need to maintain cap tables in a mandatory public registry (Handelsregister). You can request any company’s
by jrudolph 5y ago
Is this a US specific problem? In Germany companies need to maintain cap tables in a mandatory public registry (Handelsregister). You can request any company’s records against a small fee (which in fairness I consider very backwards, could be more open). There are some third party providers like NorthData making this data available publicly as well.
- gumby 5y agoIn the US only public companies need to provide this info (and I believe only for shareholders over a certain percentage). Private companies' operations are, well, private.
- lorey 5y agoAs an example for the non-Germans here, here's N26: https://www.northdata.com/N26+Bank+GmbH,+Berlin/Amtsgericht+Charlottenburg+%28Berlin%29+HRB+170602+B https://www.northdata.com/N26+Bank+GmbH,+Berlin/Amtsgericht+... note: it shows management not ownership
- rayshan 5y agoThank you for this! Very cool example of what can be built on top of OCF.
- tihomirb 5y agoI am one of the organizers of this Coalition. for the first version of our open format we're focused on American Delaware Corp C's - most common entity that VCs invest into. we announced a number of new Coalition members yesterday who also would like to see this sort of standardization outside of the US. we're focused on the US atm
- hikingsolomon 5y agoHi - I’m the author of the TechCrunch piece and I’ve lived in Berlin. It’s very different in the US and Canada, are are most regulatory things (▰˘◡˘▰)