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Cao table is just (not talking blockchain) a list of what you did so you know who owns what. Your ownership is a pie and it goes between you/founders, staff (es
by alexanderjarvis 2y ago
Cao table is just (not talking blockchain) a list of what you did so you know who owns what. Your ownership is a pie and it goes between you/founders, staff (esop), advisors, levels of investors till it changes up to IPO.
You f your cap table doing deals- mostly with investors. They get to eat the pie if you are not looking (pref shares with economic rights) and by deciding who eats the pie (control rights).
I made a detailed free cap table (I made more than one... old one might be easier to learn from) so you do 'better than your lawyer' in seed/s-a.
You don't want an Excel sheet if you scale to 100 staff (software), but you need to learn cap tables (and esop) so when stuff is in software you know.
You should and can use a lawyer wherever you do a transaction (they can use mine up to a point). Put the liability on them for getting things correct.
I would keynotes on every deal done. I would note them so you know of any terms in case you want to do analysis.
Can't remember what is in what sheet, but some of my sheets let you scenario plan.
I'm happy to answer any qu to support ecosystem.
My latest free cap table: https://www.alexanderjarvis.com/resources/tools/cap-table-tool/#download https://www.alexanderjarvis.com/resources/tools/cap-table-to...