You have created your cap table on SeedLegals but have doubts about its functioning and usefulness? Here's what the different elements of your cap table correspond to!
👋 Friendly Reminder:
The cap table allows you to visualise the ownership of your company's capital (shares) as well as the "fully diluted" capital (shares + options).
When a change is made to the capital (fundraising, share transfer, SeedFAST conversion), you will see it directly on your cap table.
Firstly, go to the "Shares" > "Cap Table" tab on the platform.
If you haven't created your cap table yet, you can do it now by following the article below: How to set up and edit your Cap Table
Your cap table is presented in 3 different ways:
💡 "View from Incorporation to..." also allows you to visualize the chronological evolution of your capital or position yourself at the date of a specific event in the company's life.
1. Shareholding
The "Shareholding" tab illustrates the company's shareholding.
The diagrams show:
- On the right, the fully diluted shareholding, including the company's options pool (in grey):
- To learn more about setting up the option pool, refer to this article!
- On the left, the shareholding without the option pool:
- On the far right, the nominal value corresponds to the value of a share at the creation of your company.
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- To learn more about nominal value, refer to this article!
Then, the cap table reflects, for each shareholder, from the leftmost to the rightmost column:
- The number of shares
- The current percentage of capital ownership
- The fully diluted ownership percentage (considering future dilution due to the option pool)
- The amount of investment received by the company (excluding share transfers, as in those cases, the payment is not made to the company but to the seller)
- The number of options in the options pool and the percentage of capital represented by the pool.
2. Event
The "Event" tab chronologically reflects all changes made to the company's capital from the company's incorporation onward.
The type of event is indicated at the top left. The arrow on the right allows you to open a detailed view of each event and edit it.
To add an event to the cap table, refer to this article!
You can also edit an event by clicking the pencil icon to its right
Tip: If you want to download your cap table in CVS format, click on the 3 dots at the top right of your screen then click on “Export cap table (CVS)”.
3. Share Class
If you have different share classes for your shareholders, you will find them in this tab.
The share classes can be edited or deleted by clicking on the three dots on the right or by going to the "Share Class" tab at the top right of your screen.
Now you have all the information you need to manage your cap table on the platform!
Any questions?
If you have any further questions, click the bottom right button to message us in chat - we'll be happy to help.