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Do you need the whole cap table? Presumably, common shares outstanding, preferred shares outstanding and the total dollars of the overhang of the preferred shares should be sufficient. Assuming that options are correctly accounted for in that number (that is, if people cash in ITM options)



I’ve yet to meet a start up that would disclose that much, but this is only my personal experiences


Isn't that the minimum you need to evaluate how much, if anything, equity is worth?




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