Stebbings: Founders should construct their cap table like a sports team
Harry Stebbings · Navigating Fundraising and the VC Landscape Today with 20VC and Visionaries Club · Aug 30, 2024 · at 18:47
Harry Stebbings, founder of 20VC, advises founders on strategically allocating cap table ownership among value-add specialists.
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“I would just say that build your cap table like you do a sports team. Everyone has a very specific position. A left back, a right back. Have someone for PR and marketing. Have one for engineering and recruiting. Have one for fundraising. Have one for pre-product market fit customer discovery. And then for each different thing, you have these outsourced kind of Weapons that you can utilize really effectively. Be very tactical about how you build your cap table.”
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