Gather Core Round and Investor Inputs
Assemble all capitalisation tables, term sheets, convertible instrument agreements, and investor ledgers associated with the seed round. Compile granular data on round sizing, valuation caps, ticket sizes, investor categories, and documented follow-on rights or obligations.
Completing this action consolidates all primary data points regarding the venture's current and target seed capitalisation structure into a single repository. It ensures the diagnostic relies on verified legal and financial reality rather than founder memory, establishing an unshakeable foundation for evaluating round health.
The founder must provide a complete, verified data folder containing current cap tables, signed convertible notes or SAFE agreements, and target investor ledgers. Clear evidence of investor allocations, ticket sizes, and contractual rights must be explicitly documented.
Five questions an expert would ask when reviewing your output
Use these to challenge assumptions, pressure-test your logic, and check the quality of this action's output in the context of the parent task and wider venture development.
- 1
What verified documentation proves the exact ownership percentages and rights currently reflected on your cap table?
- 2
How have you accounted for unallocated option pools or unpriced convertible instruments in your total round calculation?
- 3
Which specific investor commitment documents are legally binding versus non-binding soft commitments?
- 4
How complete is your record of historical investor discussions, including past rejections and explicit follow-on commitments?
- 5
Why are you confident that the round size and valuation history captured in these inputs reflect current market benchmarks for your sector?