Read your cap table like an investor does

Steps

1. 1Model each round's dilution BEFORE term sheets arrive
2. 2Understand liquidation preference multiples and participation rights fully
3. 3Maintain realistic option-pool top-ups inside pre-money negotiation
4. 4Track 4-year vesting for all founder shares from day one
5. 5Simulate exit scenarios at various prices; see who actually gets paid
6. 6Use cap-table software from first SAFE — spreadsheets rot dangerously

Common Pitfalls

• ▲Participating-preferred surprises consuming common at modest exits
• ▲Option pool expansion discovered post-signing

Commands

$ npx skills add aniruddhaadak80/skills --skill founder-fundamentals-cap-table-literacy

$ npx skills add aniruddhaadak80/skills --skill founder-fundamentals-cap-table-literacy -g

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