Cap table
A cap table is a record of a company’s ownership structure, including its securities, holders, ownership percentages, and related rights.
Investing for Programmers
A cap table is a capitalization table that records a company's ownership interests, securities, and the holders of those interests.
- How it is used
- Defines and tracks ownership in privately held companies during private-equity and venture-backed financing.
- How deep it goes
- Explains owners, shares, SPVs, and dilution, but does not detail cap-table fields, calculations, or software implementation.
- Examples
- Uses an angel syndicate whose SPV appears as the single listed investor on a start-up cap table.
- What you can do after
- Evaluate how pooled investments appear on ownership records and how later funding rounds dilute existing stakes.
Tech Startup Toolkit
A capitalization table is a record of a company's ownership structure, including its securities, holders, ownership percentages, and related rights.
- How it is used
- Frames ownership structure as a fundraising and valuation consideration.
- How deep it goes
- Defines the table and gives practical cleanliness criteria, without modeling ownership percentages or calculations.
- Examples
- Uses an angel-group fund represented by one name rather than many individual investors.
- What you can do after
- Evaluate/understand how ownership records and investor concentration may affect future financing perceptions.
Related concepts
- angel investorproduced by · An angel investor is an individual or informal investor group that provides personal capital to an early-stage company, typically in exchange for equity or equivalent financial rights.
- stockmeasures · Stock is a financial security representing an ownership interest in a company, often divided into shares that may confer economic or governance rights.
- valuationused by · Valuation is an estimate of the economic or market worth of an asset, business, investment, or ownership interest.
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