OperationsAlso known as: Capitalization table, Equity table
Cap Table
A spreadsheet showing the equity ownership, dilution, and value of equity in a company.
Full Definition
A cap table (capitalization table) is a spreadsheet or table that shows the equity ownership structure of a company. It lists all shareholders, their ownership percentages, types of equity (common stock, preferred stock, options), and how ownership changes with each funding round. A clean, well-maintained cap table is essential for fundraising and helps founders understand dilution.
Examples
- 1After a seed round, founders might own 70%, investors 20%, and employee pool 10%
- 2Tools like Carta and Pulley help manage cap tables