Made-up example · Shortened for this page
The company
Two founders are building a software business. They formed a company six months ago and now want to raise money.
What the founder wants to ask
“An investor asked for our cap table and IP assignments. What should we have ready?”
What has happened so far
The founders discussed an equal split. A freelance developer helped build the first version. The founder is not sure which agreements were signed.
Records to ask for
Formation documents, any equity records, founder agreements and the developer’s agreement.
Still to clarify
What equity has been issued? Who did the development work? Which documents exist, and who has copies?