Master Your Cap Table: Equity Modelling for Startups

Cap tables can be confusing. And when you’re raising funds or planning future rounds, that confusion can turn costly - fast. If you’re unsure how dilution works, how many shares your startup should have, or how to model things like SAFEs, convertible notes or ESOPs, this session is for you.

Join Michael Budnow from Standard Ledger for a FREE hands-on session that covers the essentials of cap table modelling, including:

• What cap table modelling is and why it matters
• How to decide how many shares your startup should have
• How to model SAFEs and convertible notes (incl. valuation caps and discounts)
• How to account for ESOPs
• Real-world modelling scenarios and what they mean for your equity
• A cap table template you can actually use

You’ll walk away with practical tools (including slides and a spreadsheet template) and the confidence to manage your equity structure like a pro - no finance degree required.

Who’s it for?

Startup founders, early-stage CFOs and finance leads who want to understand how funding impacts ownership, and how to plan for it with confidence.

Spots are limited – grab yours now!

📅 Date: Wednesday 7 May 2025
⏰ Time: 12PM – 1PM BST

MEET THE SPEAKERS

Michael Budnow

Co-founder, Standard Ledger

LinkedIn

If you ever wanted a finance guy on your side, Mike is that guy. The one with more than 15 years’ experience in leading accounting and investment firms. And the one who now uses that experience to help startups and high growth SMEs expand through clever structuring, financial management, funding and tax advice.

Mike is a chartered tax adviser, registered tax agent and member of the Tax Institute. He is also a member of the Institute of Chartered Accountants.