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They are unlikely to show the full cap table. Consider asking for the most recent 409a valuation, the total shares outstanding, and the size and liquidation pre
by koliber 3y ago
They are unlikely to show the full cap table. Consider asking for the most recent 409a valuation, the total shares outstanding, and the size and liquidation preference of the past rounds. That’s a smaller ask that will give you the most important info.
Most likely you already know the answer.
In a fantasy scenario, you could take the stock they’re offering and demand to have a more senior stake and a 5x liquidation preference.
- whiterknight 3y agoWhy is cap table sensitive? When I look at a public company one of the most important things to know is how many shares there are.
- hn_throwaway_99 3y agoThe comment you replied to did say to request total shares outstanding. The full cap table will show how much each individual investor owns, and there are valid reasons to want to keep that private.
- whiterknight 3y agoCould they share one with all information except names?
- lukeschlather 3y agoThey're likely asking for OP to forgive them $200k. Having the full cap table so you know it's a gift isn't a big ask, it's the bare minimum.