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A comment on Sell your startup for half a billion and get nothing (2021). Parent comment

Re:Sell your startup for half a billion and get nothing (2021) by koliber on Tuesday March 05, 2024 @02:54AM (#39600519)
They are unlikely to show the full cap table. Consider asking for the most recent 409a valuation, the total shares outstanding, and the size and liquidation preference of the past rounds. That’s a smaller ask that will give you the most important info.

Most likely you already know the answer.

In a fantasy scenario, you could take the stock they’re offering and demand to have a more senior stake and a 5x liquidation preference.

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Re:Sell your startup for half a billion and get nothing (2021) by whiterknight on Tuesday March 05, 2024 @10:23AM (#39604539)
Why is cap table sensitive? When I look at a public company one of the most important things to know is how many shares there are.
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Re:Sell your startup for half a billion and get nothing (2021) by hn_throwaway_99 on Tuesday March 05, 2024 @10:36AM (#39604744)
The comment you replied to did say to request total shares outstanding.

The full cap table will show how much each individual investor owns, and there are valid reasons to want to keep that private.

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Re:Sell your startup for half a billion and get nothing (2021) by whiterknight on Tuesday March 05, 2024 @11:30AM (#39605744)
Could they share one with all information except names?
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Re:Sell your startup for half a billion and get nothing (2021) by lukeschlather on Tuesday March 05, 2024 @10:24AM (#39604546)
They're likely asking for OP to forgive them $200k. Having the full cap table so you know it's a gift isn't a big ask, it's the bare minimum.
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