Cap Table Cleanliness: The Invisible Asset
When startups chase valuation and capital without structure the cap table starts looking like a jigsaw puzzle.
A messy cap table can quietly kill your future funding. Here’s how:
Too Many Early Angels?
Investors get scared of future dilution & conflicting interests.
Unconverted Notes?
Convertible instruments (notes, SAFEs) piling up? Creates chaos at conversion.
No ESOP Clarity?
No defined employee pool = Talent won’t stay, VCs won’t enter.
Unclear Founder Holdings?
Co-founders with split, disputed, or vesting-free equity? Big red flag.
The Real Risk:
Messy cap tables complicate due diligence, delay deals, and reduce valuations.
What Founders & Valuers Must Do:
Maintain clear records from Day 1
Convert all notes before raising VC rounds
Cap table ≠ just equity include options, convertibles, warrants
Use clean digital tools (AngelList, Carta, etc.)
Because in startup funding,
A clean cap table is as valuable as the product itself.
Absolutely. We have IBBI-Registered Valuers under all three categories—Land & Building, Plant & Machinery, and Securities/Financial Assets. Our team also includes experienced chartered accountants and engineers.
Yes. We offer remote/desk-based valuation for startups, financial assets, and select use-cases. For physical assets, we usually require on-site verification.
Yes. Client confidentiality is paramount. All data shared is stored securely and not disclosed to any third party without your consent.
