David Rakusan ·
Cap Table Management for Startups (Without Hiring a Lawyer)
A clean cap table is a proof artifact. Investors read it during diligence to decide whether the founder ran a real ownership process. This guide walks through what belongs on a cap table, the math behind dilution, the four mistakes that cost founders the most equity, vesting and 83(b) basics, when to move off a spreadsheet to software, and the 10-item pre-fundraise checklist that closes rounds faster.