How to Use SparkLaunch Cap Table

Your cap table is the source of truth for company ownership. SparkLaunch Cap Table helps you track stakeholders, model dilution, and prepare for fundraising.

What the Cap Table Does

• Stakeholder Tracking - Founders, investors, employees
• Ownership Calculation - Automatic percentage calculations
• SAFE/Note Tracking - Pre-money and post-money instruments
• Dilution Modeling - See how future rounds affect ownership
• Investor Share Links - Secure sharing with stakeholders

Getting Started

Step 1: Access the Tool

Navigate to LaunchPad > Cap Table or go directly to /launchpad/cap-table.

Step 2: Set Up Your Company

Enter your basic company information:

• Company name
• Authorized shares (typically 10,000,000)
• Par value (typically .0001)

Step 3: Add Stakeholders

Add each stakeholder with:

• Name and type (founder, investor, employee)
• Number of shares
• Share class (common, preferred)
• Vesting schedule (if applicable)

Step 4: Add SAFEs/Notes

Track your fundraising instruments:

• Investment amount
• Valuation cap
• Discount rate
• Type (pre-money or post-money)

Plan Availability

Plan	Features
Free	Basic cap table, 1 SAFE, 3 share links
Startup (/yr)	Exports, 3 SAFEs, 10 share links
Growth (/yr)	Unlimited SAFEs, vesting, fully diluted view

Understanding Your Cap Table

Key Terms:

• Authorized Shares - Maximum shares the company can issue
• Issued Shares - Shares actually given to stakeholders
• Outstanding Shares - Issued shares not repurchased
• Fully Diluted - All shares + all convertible instruments

Ownership Calculation:

Ownership % = Your Shares / Total Outstanding Shares

For fully diluted: Ownership % = Your Shares / (Outstanding + All Convertibles)

Tracking SAFEs

Post-Money SAFEs (Recommended):

With post-money SAFEs, investor ownership is straightforward:

Investor Ownership = Investment Amount / Valuation Cap

Example: \ investment at \ cap = 2% ownership

Pre-Money SAFEs:

Ownership calculation is more complex as SAFEs dilute each other at conversion.

Dilution Scenarios

Use the dilution modeler to see how future rounds affect ownership:

1. Enter proposed round size
2. Enter pre-money valuation
3. Add any new option pool
4. See updated ownership percentages

Free plan: 3 preset scenarios Growth plan: Natural language simulator

Sharing with Investors

Create secure share links for stakeholders:

1. Select what to share (full view or limited)
2. Generate unique link
3. Send to investor/advisor
4. Track when they view it

Best Practices

1. Update immediately - Add new stakeholders as soon as docs are signed
2. Track everything - SAFEs, options grants, share transfers
3. Model before raising - Know the impact before signing term sheets
4. Regular audits - Quarterly review for accuracy

Common Questions

Q: When should I start tracking my cap table? A: Day one. Even pre-revenue companies need accurate equity records.

Q: How do I handle departed founders? A: Mark their unvested shares as returned to the company.

Q: Can I import from a spreadsheet? A: Yes, we support CSV import for existing cap tables.