Think Your Cap Table Tells the Full Story?

Not quite.

Ownership shows who holds what, but not necessary who gets what - at exit.

🧩 The Missing Piece: Waterfall Calculations

Exit outcomes hinge on share class rights and preferences. Without modelling those, your cap table is just surface-level.

🔍 Why It Matters

Waterfalls are the hidden engine behind:

•⁠ ⁠Cap table modelling

•⁠ ⁠Professional fair value assessments

•⁠ ⁠Accurate Exit distributions

👉 Our carousel breaks it down: how the waterfall rather than just the cap table, is the foundation of true ownership economics.