Delaware amended the Delaware General Corporation Law (DGCL) and the Delaware Limited Liability Company Act (DLLCA) in 2017 and 2018, respectively, to permit corporations and limited liability ...

Ask any entrepreneur out there and they will tell you that at some point, it was their goal to have complete ownership of their business. In fact, some of them may even have had that experience but ...

On Tuesday, the Open Cap Table Coalition announced its launch through an inaugural Medium post. The goal of this project is to standardize startup capitalization table data as well as make it far more ...

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 ...

Cap Tables (short for capitalization tables) are spreadsheets that show how much everyone owns of the company. You can get a stockholder ledger from your lawyer that will list all the stockholders and ...

The ownership of startups is often a mystery. In the absence of a public registry, it is difficult to figure out who owns what. Since most startups incorporate in Delaware, the Delaware Division of ...

I’m often asked whether employees should have access to the company’s cap table. The cap table is one of the most sensitive and critical documents in any startup. At its most basic level, it lays out ...

Roberts, Michael J. "Funding New Ventures: Valuation, Financing, and Capitalization Tables." Harvard Business School Background Note 806-058, October 2005. (Revised December 2006.) ...