))
All You Need to Know About Cap Tables, Featuring Allison Cooper, Corporate Partner at Fenwick &West
Manage episode 313472242 series 3272592
Content provided by Sapna Shah. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sapna Shah or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
"Simplicity is king." Think of this episode of the Retail X Series podcast as your "Cap Tables 101" class. This episode features attorney Allison Cooper, Corporate Partner at Fenwick & West. Allison talks through the importance of keeping your cap table organized even at the earliest stages, how to manage dilution, best practices for option pools and more. If you're a founder who has ever had questions about your cap table, or want to plan ahead for future fundraising rounds, don't miss this informative episode.
Topics:
- How early you should be thinking about your cap table
- How much of the company founding teams should own after early fundraising rounds
- What a typical early stage cap table should have on it
- Why good recordkeeping is critical
- How dilution works and how to think about future dilution for the founders
- What standard option pools look like
- How many fundraising rounds can you have before a priced round and why this matters
- Examples of clean and messy cap tables
- When 409A valuations should be done and why they matter
- SAFEs and notes - how they typically convert in a priced round
- Common cap table mistakes for early stage founders
Music by Eino Toivanen, kongano.com
Edited by Deven Shah
Learn more at Retail X Series and follow @retailxseries on Twitter and Instagram.
To submit a pitch or to find out more about Sapna Shah, check out Red Giraffe Advisors.
45 episodes
Share
