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Cap Tables & Dilution

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The Capitalization Table: The Lifeblood (and Deathbed?) of Startups

Breaking Into Wall Street18:00

Deal MechanicsCap Tables

Walks through how cap tables work from an investor's perspective, including Excel modeling of ownership, dilution across rounds, and how different share classes affect payouts.

Why it matters for VC

Cap tables are the single most important document in any deal. If you can't read and model one, you can't do the job.

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