With that in mind, one thing is clear, using a spreadsheet solution is fraught with potential issues. Here are 3 key reasons why implementing a secure, easily manageable cap table software solution is an absolute must for your startup Click here
In terms of company ownership, founders cannot afford ambiguity. Any mistakes made not only impact your current cap table but they will also be carried over to newer versions. This will be compounded with each subsequent update.
More than that it needs to remain future-proof through ease of adding relevant data and to give you the ability to model how future decisions made will impact any equity dilution.
The use of an online cap table solution will allow you to give all cap table members easy, secure,real-time access and viewing of their particular ownership in the company across any capital raises. This can be achieved without exposing them to your entire cap table.