Bernstein Morin

The convertible note cap table is one of the key things for entrepreneurs to consider as they are going to have their very first meeting with a potential lender. This particular item can help you to get an idea of what your finances will look like as well as how much you will need to borrow just to get started. It will be important to take a look…[Read more]

In April 2021 the Federal tax administration released a proposal for a cap table for taxation of U.S. corporations. The purpose of this was to encourage international businesses to expand into Canada by providing a specified percentage of profits on Canadian sales. For foreign corporations this would allow them to invest in Canada or buy Canadian…[Read more]

Cap Table Mathematicians, or CoAs for short, are the mathematical equivalent of entrepreneurs. In almost every other facet of business the term entrepreneur is used, but when you are talking about mathematics they are almost never used. Why?

Well, the reason is that the investors who fund these companies don’t understand math and therefore…[Read more]

Cap table spreadsheet is used to track all kinds of investor activity on the cap table of each fund. This is usually reflected in a separate tab in the spreadsheet which displays the asset value by investor, the cumulative realized capital gains rate per year and some sort of standard interest rate calculation. This works on the assumption that…[Read more]

The first time I learned about cap table mathematics I was confused. It simply doesn’t make any sense. So I went on researching and I found out it has several purposes. But most importantly it is used for determining the size of a company’s cap.

The first purpose cap table math is used for is when a corporation is diluting its share of the…[Read more]