It also lets them craft a minimal price deal, and do things like split out different shareholders based on what they'll likely accept.
Not particular to the cap table, but the same with the financials here. If gitlab sees they have only one month's runway, why wouldn't they lowball?
Generally speaking, if gitlab sees 40 million in revenue potential, shouldn't that be how they craft what they offer?
There's probably a distinction here between "selling" your business, and "being acquired."
It also lets them craft a minimal price deal, and do things like split out different shareholders based on what they'll likely accept.
Not particular to the cap table, but the same with the financials here. If gitlab sees they have only one month's runway, why wouldn't they lowball?
Generally speaking, if gitlab sees 40 million in revenue potential, shouldn't that be how they craft what they offer?
There's probably a distinction here between "selling" your business, and "being acquired."