SaaStr Annual 2024: Unlocking Success: How to Optimize Your Cap Table with Fidelity

This session will cover:

Strategic Cap Table Management: Learn how to structure your cap table for better growth and investor relations.
Effective Fundraising Models: Understand best practices for building an investor pipeline and fundraising more efficiently.

1. Unlocking Startup Success: Optimizing Your Cap Table DeRonnie Pitts Vice President – Business Partner Manager Fidelity Private Shares SM

2. Cap Table Optimization We want to make sure you’re in good shape going into your process Why does it matter? Less deals getting done Deals are taking longer to get done Diligence is getting more intense Terms are changing – less company friendly, less benefit-of-the-doubt for founders

3. App = (code)  

4. What exactly is Your Cap Table? Cap Table = f (Legal Documentation) The company you keep How detail-oriented are you How well you can allocate a scare resource

5. Optimize for… Due Diligence Ease of Administration The macro environment can quickly change Map transactions to documentation Decrease time from term sheet to close Many hands make light work Determine your maintenance schedule Assign a department to own the cap table Lists are not exhaustive

6. Cap table = f(legal documentation) Mapping transactions to legal documentation decreases time to close As you grow, cap table becomes a company-wide effort “Transaction Readiness” involves a regular maintenance Key Takeaways

7. STAY IN TOUCH [email protected]

8. Due Diligence Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation. Fidelity Private Shares LLC provides cap table management and other administrative services to private company's equity compensation plans. Fidelity Private Shares LLC © 2024 FMR LLC. All rights reserved. 1162508.1.0

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