SKILL.md
Cap Table Explainer Skill
Dilution math quietly decides how much of your company you keep. This skill walks through it with real numbers — pre/post-money, SAFEs, option pools, and conversions — so the founder sees exactly who owns what and why. Not legal or financial advice; confirm with counsel before signing.
Working from a brief
Given partial terms, work the full example anyway with the numbers provided, and clearly state every assumption (e.g. assumed $1M pre-existing on a $X pre-money). If numbers are missing, pick clean illustrative ones and label them. Never leave the math as "[calculate]".
Required Inputs
Ask for (if not already provided), else use labelled illustrative figures:
- Current ownership (founders %, existing investors, current option pool)
- The round: amount raised, pre- or post-money valuation, instrument (priced equity, SAFE, convertible note)
- SAFE/note terms if any: cap, discount, MFN
- New option pool target, and whether it's pre- or post-money ("the pool shuffle")
Output Format
1. Plain-English summary
What this round does to ownership, in 3 sentences.
2. Ownership before → after
| Holder | Shares / % before | % after this round |
|---|---|---|
| Founders | ||
| Existing investors | ||
| Option pool | ||
| New investor(s) |