Category: Participation and Pro Rata Rights
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04 Participation rights and ‘Major Investors’
TL;DR: Excel isn’t just for modeling economics; you can also use it to quickly find critical information about which investors are entitled to which rights. In the case of participation rights in a future equity financing, create a separate table to keep track of how much of the next round your current investors are entitled…
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05 Voting cheat sheet
TL;DR: After a priced equity round, keeping track of various stockholder voting rights can get complicated. Use Excel to create a voting tracker to make it simpler. Download the open-source cap table and the example spreadsheet. * * * Your Series B is fast approaching, and it’s time to think about soliciting stockholder approval to…