Cap Tables & DilutionWho owns what, and what each round does to that.Business & ManagementNew shares dilute every existing holderproportionally.post-money = pre-money + investment · investor % = investment ÷ post-money£1m on a £4m pre-moneyInvestor gets 20%1 ÷ 5.Founder at 60% before48% after60% × 80%.Option poolUsually created pre-moneyWhich dilutes founders, not investors.THE COMMON MISTAKEOptimising for percentage heldOptimising for the value of what you hold10% of a company worth £100m beats 60% of one worth £2m. Dilution is aprice, not a loss.The option pool shuffle: creating the pool pre-money means foundersbear all of it. It is negotiable, and often is not negotiated.Cap Tables & Dilutionlearnposters.com
Cap Tables & Dilution — printable business wall chart from LearnPosters. Free vector PDF, US Letter and A4.

What’s on the Cap Tables & Dilution poster

The rule, 3 worked examples, and the mistake everyone makes.

The option pool shuffle: creating the pool pre-money means founders bear all of it. It is negotiable, and often is not negotiated.

Questions about the Cap Tables & Dilution poster

What’s on the Cap Tables & Dilution poster?
The rule, 3 worked examples, and the mistake everyone makes. New shares dilute every existing holder proportionally.; post-money = pre-money + investment · investor % = investment ÷ post-money; £1m on a £4m pre-money = Investor gets 20%; Founder at 60% before = 48% after; Option pool = Usually created pre-money; Common mistake: Optimising for percentage held → Optimising for the value of what you…. The option pool shuffle: creating the pool pre-money means founders bear all of it. It is negotiable, and often is not negotiated.
Who is the Cap Tables & Dilution poster for?
Cap Tables & Dilution belongs to the Business & Management section rather than to a school year, because business is not something one grade owns. Anyone learning entrepreneurship can pin it up — a beginner, a student mid-course, or someone revising years later.
When should you use the Cap Tables & Dilution poster?
Percentages fall in every round. What matters is the value of your smaller share. A wall chart earns its place by being glanceable from where the work is happening, so Cap Tables & Dilution belongs on the wall where that business work actually happens, within glancing distance, rather than filed away.
What other posters go with Cap Tables & Dilution?
Funding Stages, The Business Plan and Legal Structures sit alongside Cap Tables & Dilution in the Business & Management section. Printed together they make a wall rather than a single sheet, which is how a reference set actually gets used.Funding StagesThe Business PlanLegal Structures
Is the Cap Tables & Dilution poster free to download and print?
Yes. Cap Tables & Dilution downloads as a free PDF with no account, no email and no watermark, like everything else in the Business & Management section. Print as many copies as you like for a home, a classroom, a library or a tutoring group; reselling the file is the only thing the licence rules out.Read the licence
What size does the Cap Tables & Dilution poster print at?
Cap Tables & Dilution is a vector PDF laid out for US Letter, and prints on A4 with Fit to page — the same file, no separate download. Because every mark on it is drawn rather than photographed, it stays sharp enlarged to A3, A2 or A1 at a copy shop. Colour carries emphasis only, so a greyscale print of Cap Tables & Dilution loses nothing.Printing guide

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