Cap tables tell the story of a company's equity. Cap tables inventory who owns what portion of the company, along with who has rights convertible into an ownership stake in the company. In an M&A scenario, lawyers review and reconcile cap tables against the equity picture of a company that emerges from conducting due diligence on the company. In investment scenarios, both the company raising money and its potential investors use cap tables to determine how the investment round impacts each stakeholder and the investors' profit potential. In any scenario, cap tables require those reading or reconciling them to understand equity documentation and how to do equity math—so, it's no coincidence, that's what this course teaches.
- Learn to review relevant equity documentation to confirm cap table data.
- Learn to calculate each stakeholder's fully diluted ownership percentage.
- Learn how equity options and vesting affect cap tables.
Review the docs, do the math, understand a company's equity picture
We begin this course by , along with how to avoid common mistakes. Following this exposition, the learner will and Finally, the learner will explore a company's equity plan to
Learn by making mistakes in realistic, no-stakes exercises
As is always the case with Praktio courses, learners learn not just through watching and listening to practical lessons and examples but also through doing —not to test, but to provide opportunities to apply and practice, while receiving
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In case you were wondering
- Introducing Cap Tables
- Discerning Equity on a Cap Table
- Discerning Equity Incentive Compensation on a Cap Table
CLE: Not currently available.
Duration: You will have 1 year from the date of purchase to access and complete your online course materials. On average, it takes about 1-2 hours to complete the whole course; however, learners get to decide how much time to spend on each exercise and module.
Accessing: Following checkout, you will receive an email providing you with access to your online course materials.
Compatibility: Please use Chrome on a PC or Mac computer.
Reference Materials: As part of this purchase, you will also receive the Reading Cap Tables E-book (which you may download or print for your use and later reference).
We Don't Share Your Scores! Praktio does not share user performance data (e.g., "scores") with anyone, including employers (e.g., if you're an associate taking this training at a law firm). The only information shared with employers who purchase this training for their employees is progress data (e.g., how much of the course you have completed by when).