So many founders screw up their CAP table. Often diluting themselves too early.
Giving away equity should be a piece of cake. But it’s not.
That’s why Kim Hansen, CEO & Co-founder created Cake. A SAAS company which helps founders set up options & cap tables transparently to show the equity mix. I guess they are like Computershare but for startups.
My goal is to help disruptive brands scale, and a key part of that is funding.
Hence why I sat down with Kim to understand:
What are key mistakes founders make with raising? [10:15]
When should you give away equity to employees? [18:12]
How much should a founder dilute at each round? [21:26]
What are the best practices for vesting periods? [25:24]
What is going on with valuations at the moment? [28:27]
Why he chooses Facebook over LinkedIn for his marketing? [42:29]
Like this episode? Let us know by leaving a review!
Or better yet, connect with Mel on LinkedIn Here
