Definition by the book
A capitalisation table, also known as a cap table, is a spreadsheet or table that shows the equity capitalisation for a company. In general, the capitalisation table is an intricate breakdown of a company’s shareholders’ equity. It lists how much investors paid for them, and each investor's percentage of ownership in the company.
What it really means
A capitalisation (cap) table lists who owns what in a company. It lists the company’s co-owners and what percentage of the company they own.
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