SILICON HILLS LAWYER

TL;DR: In the earliest stages of a startup, paying for a proprietary cap table tool, or simply dealing with the hassle of a 3rd-party intermediary software layer for modeling your capitalization, is not really necessary. We're publishing the Open Startup Model, an Excel-based "open source" cap table and pro-forma that startups and their lawyers or other experienced advisors (if they don't already have their own tools) can use for free. It's based on the pro-forma structure we've used for hundreds of deals, and is flexible, editable and auditable... Jay will be writing periodically at OpenStartupModel.com, with info on how to take better advantage of it. Just like open source code isn't intended to be handled by untrained end-users, this model is not intended to be entirely self-serve by founders. We are modeling very high-stakes and complex economics here. Rather, it's meant to be a potential starting and focal point for various experienced market participants (including lawyers) to..