Expert Opinion
Mastering Cap Tables for Startup Success
Bob on a video interview at Raise & Exit Podcast: Episode 22
By Bob Gillespie
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Cap Table Expert
If you're building or backing an early-stage company, this episode is packed with actionable insights to help you avoid costly mistakes, structure your cap table properly, and prepare for funding or exits.
What do we cover?
- Cap tables aren't just paperwork. Bob explains why your cap table is a living, breathing document that requires diligence and ongoing updates—and what can go wrong if you neglect it.
- Founder and early employee equity. Learn the importance of vesting, cliffs, share classes, and options to prevent "dead equity" and ensure fair ownership distribution.
- Navigating accelerators and early-stage investors. Bob shares his insider perspective on setting clear goals, understanding option pools, and managing equity while scaling.
- Avoiding the road to hell paved with good intentions. Missteps in equity allocation, informal promises, and friend-and-family investments can create long-term headaches. Bob breaks down professional approaches to safeguard your company's structure.