Venture Deals · glossary

Cap table

A table, usually a spreadsheet, of who holds which shares, class by class, with the percentages. It is evidence, not the legal record. The register of members decides. The Cap Table Record · Chapter 1

Explained in Chapter 1, What Venture Money Buys, of Venture Deals.

How it comes up, in Chapter 1
A cap table (capitalisation table) lists who holds which shares, class by class, with the percentages that follow. It is usually a spreadsheet. A new one is printed whenever shares are issued or change hands.
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Where this term lives

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