alexanderjarvis

You have not provided enough info.

Selling out at s-a normally implies leverage and it sounds like you don't have any which is an oxymoron.

You could have sold pari passu if the round was oversubd etc

Cao table is just (not talking blockchain) a list of what you did so you know who owns what. Your ownership is a pie and it goes between you/founders, staff (esop), advisors, levels of investors till it changes up to IPO.

You f your cap table doing deals- mostly with investors. They get to eat the pie if you are not looking (pref shares with economic rights) and by deciding who eats the pie (control rights).

I made a detailed free cap table (I made more than one... old one might be easier to learn from) so you do 'better than your lawyer' in seed/s-a.

You don't want an Excel sheet if you scale to 100 staff (software), but you need to learn cap tables (and esop) so when stuff is in software you know.

You should and can use a lawyer wherever you do a transaction (they can use mine up to a point). Put the liability on them for getting things correct.

I would keynotes on every deal done. I would note them so you know of any terms in case you want to do analysis. Can't remember what is in what sheet, but some of my sheets let you scenario plan.

I'm happy to answer any qu to support ecosystem.

My latest free cap table: https://www.alexanderjarvis.com/resources/tools/cap-table-to...

I occasionally do these calls.If you want to do charity shizzle, do as I tell "business with a smile". Too many initiatives just don't go anywhere without cash, so you need to more apply effective altruism so you live long enough to add value. It like the airbag coming down and putting it on yourself first. I shouldn't joke about "open ai"

Dilution sucks.You need to min, and/or bootstrap. It's prob more popular a notion now (since 20-21 funding cohorts for VCs are flarked- I think it is the 2022 cohort that fund commits are 40^ than normal 60- so VCs aren't spending like it's...1999).

I have made free excel sheets to explain dilution, cap tables, conv note, SAFE, etc.

I invented something called the future fundraise model. The idea is to set your exit goal and work backwards so you can plan your raise plan (and dilution) till then - so you know how much you need to raise in this round to get to s-a and raise x with y traction and so on.

The idea is to create a framework to think about what you are doing if you go down the VC path (and ow to deliver).

There are things to consider- first, if you C level= earn less. When hiring staff less likely to ask fro more than CEO... Staff go in a bucket which VCs negotiate as it affects the px (make a hiring plan)

I spent 10 years finding all the decks (Which "inspired" all the resources). BI started posting mktg slides so you can find more decks, but they aren't real.

SaaS typically has the best decks. I used to recommend looking at the Front decks. I have commentary on them. I would look a the LinkedIn s-b deck as there is a lot of commentary to get your thinking a bit more expansively.

List of decks (filter for saas): https://www.alexanderjarvis.com/resources/collections/startu... You can search by slide type (I manually indexed 10k... to update but is a lot of work1): https://www.alexanderjarvis.com/resources/collections/pitch-...

Below: Haje made a list of 100 'teardowns' of blogs. They are available as the TC premium service shut down. I indexed them here in a table you can click on: https://www.alexanderjarvis.com/pitch-deck-reviews-from-tech...

The issue is most of the decks are sht. So you might get an idea of slides, but you will come back to your narrative aka making a good deck.

When I help do decks you do from scratch and the ball ache is figuring out your narrative, business model, what to share etc.

You will look at slides and they might hurt you by distracting you as you see slides and try together rather than thinking about your business...

I made some collections from HFs, mgmt consulting, M&A to help educate.

Happy to give some free feedback to the community if you have questions.