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 ...

In startup fundraising, ownership structure can be as decisive as revenue growth or market size. Investors often review a company’s capitalization table, a record of who owns what, before committing ...

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 ...