Cap tables are not just broken, they’re stuck on Excel spreadsheets and archaic paper systems. This leaves a lot of room for human entry errors and a gaping lack of information to the shareholders.
Founders frequently underestimate the equity dilution impacts of funding rounds and employee stock option plans (ESOPs). Consider two stark examples: Eric Yuan's ownership in Zoom dwindled to 22% by ...
Three investors have asked about your cap table. You nodded confidently. Then you opened a spreadsheet later and realized you weren’t actually sure what they were asking for or why it mattered so much ...