Generate a simplified guide for startup founders on what a capitalization table is and how to manage it.
Prompt:
506 characters
Generate a full detail guide that demystifies capitalization tables for first-time founders. The guide must use simple language and examples. It should include: 1. What a Cap Table Is: A simple definition and a template. 2. A glossary of key terms (e.g., fully diluted, stock options, pro-rata rights). 3. A visual example showing how a cap table changes after a seed funding round. 4. Common mistakes founders make with their cap table. Please include a strong disclaimer to consult with a startup lawyer.