# Yin Wu

Founder

## Blogs

### **Managing a Multi-Round Cap Table: What Gets Complex and Why**  
Multi-round cap tables add stacked preferences and ASC 718 complexity. Here's what finance teams need to stay accurate and audit-ready.

### **What to Send When Investors Ask for Your Cap Table**  
Learn what investors look for in your cap table and how to prepare a snapshot that holds up under diligence, with the right access controls and no version control problems.

### **7 cap table mistakes (and how to avoid them)**  
Cap tables often start as “good enough” spreadsheets—but small errors compound quickly. Missing option grants, unclear ownership, and misallocated shares create costly legal headaches, spook investors, and erode founder control. A cap table is more than a spreadsheet: it’s the single source of truth for who owns what in your company. Keeping it clean and accurate is essential to protect ownership, build investor confidence, and avoid fundraising roadblocks.

### **Beyond the Cap Table: Unlocking Liquidity with NPM**  
We are thrilled to announce our partnership with Nasdaq Private Market (NPM), a premier provider of secondary liquidity solutions for private companies, employees, and investors.

### **Empowering Growth Through Liquidity Options for Private Companies**  
Read our overview of different types of liquidity options for growing companies, and learn to create win-win scenarios for all stakeholders.

### **Stock-based Compensation Reporting: Save time, avoid errors, and do more every quarter**  
We've made Stock-based compensation reporting more transparent, automated, now with cost centers and disclosures.

## Guides

### **83(b) Elections Explained: What Founders Need to File and When**  
Learn how to file an 83(b) election: what it is, who should file, the strict 30-day deadline, and how to submit IRS Form 15620 online or by mail.

### **What is Fair Market Value (FMV)? A Beginner’s Guide**  
Fair market value (FMV) is what an asset would sell for between a willing buyer and seller. Learn what FMV means, how it's calculated, and how it differs from fair value.

### **What Investors Check on Your Cap Table Before a Series A.**  
Learn how to build a Series A-ready cap table — from reconciling equity instruments to modeling dilution and preparing a clean diligence package for investors.

### **Cap Table Fundraising: What Investors Check and How to Prepare**  
Get your cap table investor-ready before your next round. Learn what to model, fix, and share so your equity records hold up under diligence scrutiny.

### **What Is a 409A Valuation? A Guide for Startup Founders**  
A 409A valuation is an appraisal of a private company’s fair market value (FMV). It determines the price of stock options offered to employees. Learn more.

### **How to Set Up an Employee Stock Option Plan (ESOP) That Scales with Your Startup**  
A stock option is a contract that allows a person to purchase a number of shares of stock at a fixed price. Learn how employee stock options work.