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I'm sure future investors will love to get involved with a headache of a company that already has 99 investors...
by djb_hackernews 15y ago
I'm sure future investors will love to get involved with a headache of a company that already has 99 investors...
- grandalf 15y agoWhy do you consider this complicated?
- hornbaker 15y ago"Messy" cap tables certainly have the potential to scare off larger investors (VCs, super angels) in the future. Lots of very small stakeholders (not counting vested employees) add to legal costs at each round, and VCs sometimes refer to them as "ankle biters." IMHO $5K is not even close enough capital to consider adding 100 line items to a cap table.
- grandalf 15y agoWell, it could also be set up as an option pool, etc. I don't think it adds any significant friction.