How startup founders should prepare their cap table for an early strategic acquisition
I remember the first time I walked into a room where an early strategic acquisition was being discussed: there was excitement, urgency, and a surprising amount of confusion about something few founders have truly mastered before the phone rang — the cap table. If you’re a founder building with an eye toward a strategic buyer (not just VCs but corporates looking for product, talent, or market access), preparing your cap table early can make...