How much should I give away at Preseed?
Realistically, you should expect to give away between 10\% and 25\% at this point. This round is all about getting the necessary funding to build your product, to figure out your product-market fit, and to search for that scalable growth channel.
What is a good pre seed valuation?
Here is a dataset indicated that median pre-seed rounds are at a $3-4M pre-money valuation, but note that this dataset includes small seed rounds / companies with more traction than an average angel round as well. Structure: I recommend using the YCombinator SAFE template.
How do you fill a cap table?
Although there is no right way to format your cap table, it is typically laid out in an Excel spreadsheet. The names (and sometimes addresses) of the shareholders are in the left column with the capital contributions and units in the subsequent columns to the right.
Should I ask for a cap table?
There’s no legal requirement to share your cap table with employees, however companies typically give senior management (e.g. CFO, COO, CTO) visibility. If your employees have a stake in the business through shares or options, it makes sense to give them a degree of cap table visibility.
What is included in a cap table?
A capitalization table, also known as a cap table, is a spreadsheet or table that shows the equity capitalization for a company. Cap tables often include all of a company’s equity ownership capital, such as common equity shares, preferred equity shares, warrants, and convertible equity.
What is the cap table for pre-seed investors?
The pre-seed investors cap table shows that for their 70,000 investment the investors receive 140,000 shares representing 11.29\% of the total shares and options in issue. In addition the options pool contains 100,000 stock options equivalent to 8.07\% of the total.
How many shares does the pre-seed investors get?
The total number of shares in issue is now 1,240,000 and the pre-seed investors cap table is set out as follows. The pre-seed investors cap table shows that for their 70,000 investment the investors receive 140,000 shares representing 11.29\% of the total shares and options in issue.
What is a cap table for startups?
As the name suggests, this is the price for one share of stock in your startup. It’s calculated with the following formula: In this cap table, the price per share is $2. The authorized shares (or securities) are the total number of shares that have been authorized for issuance by your startup’s owners.
What should be included in a cap table?
The cap table should be designed in a simple and organized layout that clearly shows who owns certain shares and the number of outstanding shares. The most common structure is to list the name of investors/security owners on the Y-axis, while the type of securities is listed on the X-axis.