Full recording

video1765872122 (1).mp4

Not legal advice

Detailed Guide for Founders

1. Understanding Cap Tables:

• What is a Cap Table?: A detailed breakdown of who owns what in your company.
• Importance: Essential for attracting investment and avoiding errors.
• Governance Documents: Includes constitutions and stockholder agreements.

2. Setting Up an ESOP:

• Why an ESOP?: Crucial for attracting and retaining talent, offering ownership stakes.
• Structure: 10% ESOP pool, four-year vesting with a one-year cliff.
• Communication: Ensure employees understand the ESOP’s value and mechanics.

3. Legal and Technical Aspects:

• Shareholder’s Resolution: Formal approval required.
• Valuation: Perform to determine fair market value.
• Vesting Schedule: Protects the company and ensures equity is earned over time.

4. Implementation Tools and Resources:

• Cake Software: Automates management, includes legal templates.
• Free Toolkits:
  • Valuation Tools: Assess company value.
  • Investor CRM Templates: Manage investor interactions.
  • Equity Management Resources: Access guides and templates.