Introducing the Cap Table and Hiring the CTO
Feld Thoughts
SEPTEMBER 2, 2011
Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. Equity is split 55% and 45%, but where is that officially recorded? Praveena wants to invest $20,000 and get 20% equity.
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