Get template: https://youexec.com/spreadsheettempl...

Table of Contents:
00:00 Introduction
01:49 Preseed round demo
02:50 Seed round demo (safe notes and convertible notes)
06:02 Using the template
07:55 Additional features
08:22 Priced rounds (Series A, B, and C)
10:54 Case study example
12:37 Outro

Why do some companies, such as Airbnb, Facebook, and SpaceX, remain under the control of their founders, while others transition into the hands of their investors? Take Tesla, for instance: the original founders were Martin Eberhard and Marc Tarpenning. After three years of developing a prototype from 2001 to 2004, they met Elon Musk, an early investor who now controls and serves as the CEO. How and why do these shifts in control happen? What determines who ultimately controls a company?

Enter the Capitalization Table – or Cap Table for short. A cap table basically lists all the owners of a company and the percentage of the company each owns.

To explain how a cap table works consider another wellknown company: Airbnb. Its founders, Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, created one of the most founderfriendly companies by ensuring they retained majority ownership of the company shares in their cap table.

To learn more, watch the video in full!