Cap table tools quietly assume every company is a Delaware C-corp. The founders we work with are not — so we started somewhere else.
When we started talking to founders, a pattern showed up fast: the ones building across BVI, Cayman, Australia, Hong Kong and Singapore had all settled on the same tool — a spreadsheet — because the dedicated products assumed a structure they did not have.
The Delaware default
Most equity software is built Delaware-first. That is a reasonable place to start if your customers are US startups. But it leaves a large and growing set of founders to fend for themselves with manual workarounds.
Starting from the structures founders actually use
We took the opposite approach. Capfold models the structures founders we spoke to were actually using, and treats Delaware as one of many — not the only path. The result is a cap table that reflects your real company, wherever it is incorporated.
This is the first post in what will become a regular series on building Capfold in the open. More to come.
This article is illustrative content for the Capfold preview site.