Cap table: Shareholder book
Maintaining a cap table for your startup is vital!
What is a Cap Table for a startup?
A cap table is short for "capitalisation table". It is a chart, table or spreadsheet that shows the ownership stakes of anyone with equity in a startup. It lists stocks, warrants and options, and shows how much each investor paid for them and their percentage ownership of the startup.
SAFEs & convertible debt
Other equity elements, such as SAFEs and convertible debt, are part of the cap table, but not included in its central section. The conversion depends on the agreed terms and a future conversion event.
Therefore, that is shown in a separate section of the cap table, along with other relevant details. This information includes the investor, the issue date, the interest rate on the notes, their maturity, and how to convert the convertible debt and SAFEs into shares.
