Acronym : Cap Table
The cap table lists all of a company's shareholders and their share of the capital, including dilutive instruments (stock options, convertible notes), at a given point in time.
A poorly maintained or inconsistent cap table is one of the most common red flags during due diligence, as it can hide unanticipated dilution commitments.
Before a funding round, a startup updates its cap table to include every option grant made since the last round.
Assess your organization's maturity on this topic
Start the diagnostic