Glossary
Cap table
Who owns what, and what they paid for it.
Founders, employees, past investors, and anything convertible that will become shares later. It should be one document that reconciles with the company's filings.
A messy cap table is a real reason rounds fail. A large chunk sitting with someone no longer involved, or an old agreement nobody can find, is a problem to solve before raising rather than during.
Related terms
- Due diligence — The checking an investor does before money moves.
- Dilution — The reduction in your ownership share when new shares are issued.
Read next
- What investors actually check before they wireDiligence is not an insult and it is not a formality. It is the point where every number in the deck either has evidence…
- Fundraising readiness: what to have ready before the first meetingRaising takes longer than founders expect and the process itself slows the business while it runs. Most of that delay is…
See where this number sits in the rubric
The GTM Score is published in full, check by check, so you can see exactly what each figure is worth before you go looking for it.
Questions: [email protected]