Review Cap Table Integrity and Evidence Strength
Conduct a rigorous internal audit of the cap table model, valuation rationale, and legal backing using expert venture criteria. Challenge all core assumptions regarding pre-money valuation, option pool allocation, and advisor equity terms against real-world UK market standards.
Conducting a strict quality review isolates logic flaws, mathematical errors, and weak evidence before external parties inspect the model. It ensures the founder can confidently defend every row, percentage, and valuation metric under intense investor questioning.
Produce a completed audit scorecard evaluating model integrity, legal backing strength, and market realism. Detail all identified risks, edge cases, and corrective adjustments made prior to publishing.
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 specific formula errors or circular references were uncovered during your quality audit of the model?
- 2
How does your proposed valuation hold up when subjected to a harsh discounted cash flow or revenue multiple stress test?
- 3
Where is the documentation weakest regarding historical equity promises or advisor vesting mechanics?
- 4
What evidence do you have that early-stage investors will accept your proposed share class rights and option pool placement?
- 5
How would a prospective investor's legal counsel challenge the validity of your current option pool setup?