New cap table tool features
September 4, 2024
Update to Cap Table and Exit Waterfall Tool:
- New
Exit Waterfall, Simplesheet to provide an alternative way to calculating a waterfall using a simpler set of formulas by making a few intentional decisions on aspects of preferred investments it does not support. See sheet for more details. - Updates to
Cap Table, Anti Dilutionsheet to allow for (a) issuing new shares instead of adjusting conversion ratio, (2) accounting for ownership % dilution as well as value dilution, and (3) making anti-dilution ratios different per row to account for different original purchase prices. The updates allow for significantly more flexibility in dealing with anti-dilution.