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← Glossary
Cap Table & Equity

Cap table

Also: Capitalisation table

The ledger of who owns what — every shareholder, their share class and their percentage.

Why it matters

Keep it clean from day one; a messy or unfair cap table scares off the very investors you'll need later.

Hear it from people who've done it

Get the real-world version of "Cap table" drawn from hundreds of conversations with founders and investors.

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Go deeper

Episodes on Fundraising

Dom Pym – The Little White Lie That Built a Bank for 1.4 Million Aussies

Life After Launch with Megan Luttrell & Geo George · 27 July 2026

Dom Pym – The Little White Lie That Built a Bank for 1.4 Million Aussies
Impact Investing at $10: The Fortune He Lost, The Fund He Built | Arjun Agarwal, inaam

Founders in Motion with Thea Ngo · 23 July 2026

Impact Investing at $10: The Fortune He Lost, The Fund He Built | Arjun Agarwal, inaam
"The SaaS Apocalypse Is A Myth" with Freddie McKenzie, Co-Founder & CEO of Manifest

In The Blink Of AI with Georgie Healy · 16 July 2026

"The SaaS Apocalypse Is A Myth" with Freddie McKenzie, Co-Founder & CEO of Manifest
All Fundraising episodes →
Related terms

Dilution

The drop in your ownership percentage each time the company issues new shares.

Fully diluted

The share count assuming every option, SAFE and convertible has been exercised and converted.

Option pool / ESOP

Equity set aside to grant to employees as options, usually 10–15% of the company.

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