Seattle Angel is a group of angel investors and entrepreneurs working to bring more education and transparency to the early stage capital process. Join us for educational and networking events designed for you to connect with and learn from angels and entrepreneurs in the community.
In the beginning, the founders of a company own all of the stock. As they take outside funds and sell stock, each round dilutes the current stock owners. Overly zealous Angel Investors and misplaced donations of stock to vendors can lead to unexpected results later in the process.
Carter Mackley will walk through the process of understanding stock dilution, cap table calculations and the ways that Startup Founders need to track the process of framing their rounds of outside funding.
Carter is an experienced securities lawyer who focuses his representation on startup companies. In 2010 Carter left "big law", opting for the low-overhead, virtual-firm style of practice. He formed Mackley & Mackley PLLC with his wife Jennifer. They provide experienced, cost-effective counsel to start-up companies of all types, assisting entrepreneurs with entity formation, founder and employee equity compensation, fundraising, general outside counsel matters, and exit transactions. Mackley & Mackley is an active supporter of the Seattle area angel investor groups and incubators. Carter runs the StartupLawTalk workshop series and www.startuplawtalk.com, the informational website for startup company founders.