Cap Table and Equity Compensation Learning Center

Comprehensive guides on cap tables, equity compensation, stock options, preferred  stock, SAFEs, and startup valuation. Learn everything from 409A valuations to exit  waterfalls.
Updated on:
December 28, 2025

Preferred Stock Voting Rights: Structure and Limitations

Updated on:
December 26, 2025

Convertible Note Template: Structure and Key Terms

Updated on:
December 24, 2025

SAFE Valuation Cap: Definition and Impact on Conversion

Updated on:
December 22, 2025

Pro Rata Distribution: Definition and Applications

Updated on:
December 20, 2025

QSBS Eligibility: Requirements and Criteria

Updated on:
December 18, 2025

QSBS Stacking: Maximizing Tax Benefits

Updated on:
December 16, 2025

Equity Management Platform: Features and Selection

Updated on:
December 14, 2025

Post-Money SAFE: Definition and Investor Dilution Protection

Updated on:
December 12, 2025

Multiple on Invested Capital (MOIC): Definition and Formula

Updated on:
December 10, 2025

Full Ratchet Anti-Dilution: Protection and Mechanics

Updated on:
December 8, 2025

European vs American Waterfall: Distribution Models

Updated on:
December 6, 2025

Forced Conversion: Definition and Corporate Applications

Updated on:
December 4, 2025

409A Valuation: Definition and Process for Startups

Updated on:
December 2, 2025

Class A vs Class B Shares: Structure and Differences

Updated on:
November 30, 2025

Uncapped SAFE: Definition and How It Works

Updated on:
November 28, 2025

Leveraged Buyout Model: Structure and Analysis

Updated on:
November 26, 2025

ROFR vs ROFO: Right of First Refusal vs Right of First Offer

Updated on:
November 24, 2025

Management Incentive Plan: Structure and Components

Updated on:
November 22, 2025

Exercise Price vs Strike Price: Definition and Usage

Updated on:
November 20, 2025

Preferred Stock Dividends: Types and Payment Mechanics

Updated on:
November 18, 2025

How Stock Options Work: Mechanism and Benefits

Updated on:
November 16, 2025

SAFE vs Convertible Note: Key Differences and Applications

Updated on:
November 14, 2025

Dividends in Arrears: Definition and Calculation

Updated on:
November 12, 2025

Cashless Exercise: Stock Option Transaction Methods

Updated on:
November 10, 2025

Section 1202 Stock: Tax benefits for small business investors

Updated on:
November 9, 2025

Penny Warrants: Definition and Use in Corporate Finance

Updated on:
November 8, 2025

RSU Vesting Schedule: How Restricted Stock Units Vest

Updated on:
November 7, 2025

Option Strike Price: Definition and Role in Options Trading

Updated on:
November 6, 2025

Price Per Share Formula: Calculation Methods

Updated on:
November 5, 2025

QSBS: Qualified Small Business Stock Tax Benefits

Updated on:
November 4, 2025

Double Trigger Acceleration: Vesting Requirements

Updated on:
November 3, 2025

Conversion Ratio: Definition and Calculation Methods

Updated on:
November 2, 2025

409A Valuation for Startups: Definition and Process

Updated on:
November 1, 2025

RSU Taxation: How Units Are Taxed

Updated on:
October 31, 2025

SAFE Note: Definition and Structure for Startup Investment

Updated on:
October 30, 2025

Warrants vs Options: Key Differences Explained

Updated on:
October 29, 2025

Cumulative Preferred Stock: Dividend Rights and Features

Updated on:
October 28, 2025

Convertible Preferred Stock: Features and Rights

Updated on:
October 27, 2025

Cliff Vesting: Definition and Schedule Mechanics

Updated on:
October 26, 2025

Simple Agreement for Future Equity: Definition and Structure

Updated on:
October 25, 2025

Non-Qualified Stock Options: Definition and Tax Treatment

Updated on:
October 24, 2025

Stock Warrants: Definition and How They Work

Updated on:
October 23, 2025

Liquidation Preference: Rights and Mechanics

Updated on:
October 22, 2025

Participating Preferred Stock: Definition and Liquidation Rights

Updated on:
October 21, 2025

QSBS Requirements: Complete Qualification Guide

Updated on:
October 20, 2025

SAFE Agreement : Simple Agreement for Future Equity Explained

Updated on:
October 19, 2025

RSU vs Stock Options: Key Differences and Comparison

Updated on:
October 18, 2025

ISO vs NSO: Tax Treatment and Key Differences

Updated on:
October 17, 2025

Incentive Stock Options: ISO Tax Benefits and Rules

Updated on:
October 16, 2025

Convertible Note: Definition and Structure in Startup Funding

Updated on:
October 15, 2025

Waterfall Chart in Excel: Step-by-Step Creation

Updated on:
October 14, 2025

Restricted Stock Units (RSUs): Definition and How They Work

Updated on:
October 13, 2025

QSBS Exemption: Tax Benefits and Qualification

Updated on:
October 12, 2025

Qualified Small Business Stock: Definition and Tax Benefits

Updated on:
October 11, 2025

Vesting: Definition and Schedule Types for Employee Benefits

Updated on:
October 10, 2025

Carried Interest: Definition and Structure in Private Equity

Updated on:
October 9, 2025

Management Carve Out: Definition and Liquidation Preference Applications

Updated on:
October 8, 2025

Preferred Stock vs Common Stock: Key Differences

Updated on:
October 7, 2025

Stock Options Explained: Types and Trading Fundamentals

Updated on:
October 6, 2025

Carried Interest Loophole: Tax Treatment Controversy

Updated on:
October 5, 2025

Preferred Stock: Definition and Investment Characteristics

Updated on:
October 4, 2025

Common Stock: Definition and Shareholder Rights

Updated on:
October 3, 2025

Stock Options: Definition and Types Explained

Updated on:
October 2, 2025

Strike Price in Finance: Definition and Examples

Updated on:
October 1, 2025

Maturity Date: Definition and Financial Applications