AngeBlog by Basil Peters

Share Cap Table - Appendix A

Example of Schedule A


Company Share Structure After Investment

 
 

Shares

 

Percentage

Ownership

Vesting

 

1 Founders
40%
Vesting
2 Employee Trust
20%
Vesting
3 Board
10%
Vesting
4 Existing Paid Shareholders
10%
Vested
5 New early-stage investors
20%
Vested
  Total
100%
 

Notes:

1. An option pool can be added later.

2. The percentage shown for the founders, existing shareholders and investors depends on valuation.

3. The percentage shown for the Employee Trust and Board are usually fixed at these numbers independent of valuation at around the end of the third round. This is discussed in Board Compensation .