Master the art of cap table management. Learn how to build, maintain, and analyze your company’s capitalization table. Explore best practices, tools, and software to streamline your equity management process.
Pulley customers shouldn’t have to choose between keeping the equity management tools they already use and getting more from their next platform. Eqvista supports many of the core equity management workflows Pulley customers rely on, while adding in-house valuation expertise, broader business valuations, Eqvista Real-Time Company Valuation®, financial modeling, and private-market liquidity solutions for what …
Most founders choose a cap table provider early in their company’s journey. But as the company grows, that decision becomes more important. Your provider is no longer just tracking ownership. It may also support future funding rounds, employee equity, valuations, and eventually liquidity. That question is especially relevant in 2026. With Pulley exiting the market, …
Update: Pulley announced in September 2026 that it will shut down and cease operations on December 8, 2026. Pulley has partnered with Carta to offer eligible customers an assisted transition, but existing customers can also choose another cap table provider. For many startups, choosing a cap table provider is an important decision because the platform …
Why is equity management such a big topic in 2026? Equity compensation has quietly become one of the most consequential and most complicated parts of running a company. More employers are granting it, employees still don’t fully understand it, and the private companies issuing it are staying private for far longer than they used to. …
A cap table records who owns a company and under what terms; a waterfall model uses that same data to calculate who gets paid, and how much, when the company is sold. Building an investor-ready cap table and waterfall model is one of the most important steps in startup financial planning. A startup can look …
Most equity management platforms look convincing during a product demo. However, during events such as funding round closes, SAFE conversions, audits, investor requests for dilution analysis, and departing employee option exercises, cracks begin to emerge. That’s when you can tell if an equity management platform actually reduces the operational burden. The expected growth of the …
When a company reaches its Series B round, the cap table is no longer only a basic ownership list. It becomes more like a financial record, formed by multiple funding rounds, different types of investors, many SAFE conversions, and an expanding employee option pool. According to PitchBook, the average Series B round in early 2026 …
Private equity investors face two unavoidable structural challenges: illiquidity and the J-curve effect. Illiquidity means capital is locked up with no ability to exit on demand. The J-curve refers to the pattern in which a fund shows negative returns in its early years due to fees and unrealized investments, before generating positive returns as portfolio …
Entrepreneurs are developing their idea into a marketable product and investors are eager to fund the best innovations. However, in the middle of the hustle to develop, pitch and secure funding is an equally essential task: cap table management. Due to its complexity, managing a cap table is daunting for many people. Especially with cap …
Are Carta’s rising costs and cap table management issues causing you frustration? You’re not alone. Many startups are seeking alternatives to Carta due to its median annual fees of $14,000, which can exceed $77,000, slow support, data export challenges, and privacy concerns. In 2026, over 40% of startups say they plan to switch to save …
Eqvista is now ranked #1 in equity management on G2, not by analysts, not by a panel, but by the founders, finance leaders, and investors who run their cap tables on it every day. For a space crowded with legacy tools and spreadsheets, this is a strong signal that the market is voting with real …
Modern equity structures evolve quickly. A startup might begin with four founders and end its first year with 30 angel investors, a growing option pool, and several SAFE notes. As the company scales, the cap table becomes a living system that must instantly reflect new grants, vesting schedules, funding rounds, and conversions. Manually performing these …
Seasoned investors are aware of the importance of the dilution-related insights gained through cap table solutions. However, the benefits of such software to a startup founder are arguably much more significant. Not only does this software enable real-time ownership tracking, but it also simplifies stock option management and tax compliance. It can also catalyze the …
Picture this: An investor asks to review your cap table during a crucial funding meeting. Within seconds, you pull up an extensive view of your entire ownership structure, every shareholder detail, vesting schedule, and SAFE agreement, all properly documented and signed. The best part? These cap table tools didn’t cost you a penny extra beyond …
For early-stage startups, setting up a cap table might not feel as pressing as product development or fundraising. Yet it is one of the most critical documents you can create. According to the State of the Cap Table Industry 2024, almost 90% of startups use equity-based compensation and update their cap tables in real-time to …
Corporate restructuring can help companies streamline operations, reduce expenditure, and ultimately, create more value for investors. This is especially true for companies that expanded operations by establishing multiple entities to ensure compliance with region-specific regulatory requirements. For example, the European Union is moving to simplify its tech laws. These laws have focused on ensuring data …
The US has been a hub for technological innovation for almost a century. Hence, investors from all over the world want to invest in US startups. Consequently, even if a startup’s cap table starts off simple, its complexity increases with each funding round. A startup may eventually introduce multi-entity ownership structures to deal with compliance …
In one of McKinsey’s Global Survey, they found that less than 1/3rd of companies that underwent corporate restructuring could sustainably improve their performance. However, when companies implemented comprehensive actions in goal-setting, design, and implementation, the success rate shot up to as high as 78%. Once again, we are reminded that the devil resides in the …
In the case of startups, the cap table changes mainly over financing rounds. A simple cap table that starts with equity divided equally among all founders can evolve into a much more complex description of a startup’s ownership structure. Over the course of its life, in order to raise funds and attract and retain employees, a startup …
Although the dilution impact on company valuation is positive, not all shareholders feel this way. To minimize this, they may want to exercise their anti-dilution rights, i.e., get more shares issued from the company. To help your investors decide whether to exercise anti-dilution rights, you must provide effective summaries of cap table dilution. In this …
Over 25,000 companies use Eqvista to simplify equity, stay compliant, and scale—whether hiring their first employee or closing their next round.