Delaware amended the Delaware General Corporation Law (DGCL) and the Delaware Limited Liability Company Act (DLLCA) in 2017 and 2018, respectively, to permit corporations and limited liability companies to represent capital...more
Some interesting links we found across the web this week: What’s a Cap Table and Why Do I Care? A cap table may be an unfamiliar concept for a new founder, but it is one that a founder will quickly realize is vital to...more
As a founder of a start-up, there are countless things you worry about, and attending to corporate formalities is probably the last thing on your to-do list. However, imagine you have just been approached by a potential...more
At its most basic level, a cap table is just a list of your company’s securities (i.e., stock, options, warrants, etc.) and who owns those securities. A cap table should tell you “who owns what.” More complex cap tables may...more