Cap tables

Hey you! I’m working on making navigation more of a pleasure for you. These pages are going to look a little ghetto; I’m focused on helping you get the content for now.

  1. Step 1 is just spreading out all my blogs by categories for you. I can also more easily see where I need to add more content to fill in the gaps for you.
  2. Then I’ll add in filler and fancy shite to make it all look pretty.

If you’re an expert on any topics and want to teach others from your hard-won experience, message me as I’d love the help to make more quality blogs.

Cap tables

The cap table (capitalization table) sets out who owns what in your startup. It all adds up to 100%.

You can track this in:

  1. Excel. Best for earlier stage startups
  2. SaaS. Best for later stage strartups with a tonne of staff and things happening that are hard to track (Can be very expensive)

This is a really boring, complicated thing but it is important. Trust me, lawyers don’t even really understand all the details!

I’m going to get into a fair level of detail with you. I’m going to stop before it doesn’t add value. Even I only want to know so much.

As a founder you HAVE to understand progressively more the later stage your startup is, but there is a wall where you stop and just pay lawyers. Up to around series-B you need to develop a foundation of learning to be taken seriously.

I know it sucks, but you have to know a bit about this. Remember the “social network”? Well messing with the cap table is how Zuck got out Eduardo… so be Zuck not Eduardo right?

Blogs to read

Feck, I thought I wrote a lot more, but anyway. What I’ve done is fecking good. I’ll expand this stuff more by mainly more complex topics (which are a ball ache for me to write).

Q&A

I’ll likely write a lot of Q&A style blogs since they answer your questions on a topic like this. If you’re a lawyer, get involved!

AA 005: Should I include a cap table and valuation proposal in my Series A presentation?

 

Course

I made a course for the free cap table which has a lot of info.

CAP TABLE #1: What is a cap table and other important questions

CAP TABLE #2: Cap table dilution formula step by step example

CAP TABLE #3: Cap table dilution math

CAP TABLE #4: Starting the cap table – Format sheet

CAP TABLE #5: Shareholders sheet in the cap table

CAP TABLE #6: Deal calculations in the cap table

CAP TABLE #7: The cap table sheet

CAP TABLE #8: The assumptions sheet of the cap table

CAP TABLE #9: Individual shareholder returns sheet of the cap table

CAP TABLE #10: Returns waterfall calculation sheet of the cap table

CAP TABLE #11: The ESOP sheet of the cap table

CAP TABLE #12: The Common sheet of the cap table

CAP TABLE #13: Accounting for convertible debt and warrants sheet

CAP TABLE #14: The preference shares sheets – From Series A to I

 

Free template

Ultimate startup cap table example and return analysis template (UPDATED!) – Pretty large cap table for you to use for free

Paid template

Professional capitalization table template. Full blown tracking and analysis tool – The best cap table in excel you can buy (guaranteed)