SESKStuff Everyone Should Know
SESK: Stuff Everyone Should Know · sesk.info/founder-cap-table-record

What does a startup cap table track?

It tracks who owns the company through shares, units, and percentages.

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  1. Only monthly expenses
  2. Only customer contracts
  3. Ownership interests and capitalization ✔

Why: A capitalization table records ownership interests, often as share or unit counts and percentages. A useful cap table also accounts for options and convertible instruments.

Huh, didn't know that: Founders should update the cap table after grants, financings, exercises, and conversions.

The dad joke
The cap table wore a spreadsheet hat because every owner needed a row.
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References

Answer: Ownership interests and capitalization. A capitalization table records ownership interests, often as share or unit counts and percentages. A useful cap table also accounts for options and convertible instruments.

  1. Common Startup Securities www.sec.gov/resources-small-businesses/capital-raising-building-blocks/common-startup-securities
    a percentage of stock or a number of shares or units on the company's capitalization table
    Checked 2026-10-11.

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