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Cap Table Management

Why we’re joining the Open Cap Table Coalition

Content Team January 24, 2022 mins read

About the team

J.P. Morgan Workplace Solutions’ Content Team comprises a dynamic and talented team of writers and experienced professionals who strive to deliver useful equity insights and simplify complex equity information, all with the aim of helping you to better understand equity management.

Why we’re joining the Open Cap Table Coalition

Here at Global Shares, we’re all about making ownership simple, so that’s why we’re delighted to be part of a fantastic new industry initiative that’s focused on simplifying cap table management.

The recently-formed Open Cap Table Coalition comprises of leaders including fintech software providers, major US law firms, VCs, and other critical members of the startup ecosystem. As members, our goal is to take a proactive approach and standardise startup cap table data, so that it’s far more transparent, accessible, and portable for all stakeholders.

As a first step, and with the guidance and inputs of all members, the Coalition will produce a first-of-its-kind Open Cap Table Format. The first edition is scheduled to be released by the end of Q1, 2022.

It’s in everyone’s best interests to make cap tables clear, reliable, and easily accessible. Yet, for a variety of reasons, too many equity holders find companies’ cap table data to be complicated, inaccurate and difficult to work with. This leads to issues that can be time-consuming, costly, and very challenging to resolve.
At Global Shares we work hard to make cap tables simple, and we’re delighted to collaborate as part of this forward-thinking, cross-industry coalition. There’s an immense opportunity for us to achieve significant lasting efficiencies that will positively impact all stakeholders.
We’re also very proud to be the first European-headquartered company to support the Coalition and help bring these efficiencies to our global audience”.

Derek Gallagher, Managing Director Emerging Companies, Global Shares

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About the Open Cap Table Coalition

For more information on the Open Cap Table Coalition, please visit their blog.

About Global Shares

Global Shares manages cap tables and employee stock plans for companies across the globe – from those with a handful of employees, to some of the world’s biggest and most exciting private and public enterprises.

With offices in 17 locations globally our mission is to help companies grow through the power of equity.

We specialise in supporting clients to manage their cap table and stock plan processes through the provision of a range of self-service and outsourced solutions, including software, administration, share-dealing, customised portals, compliance, financial reporting and more.

Global Shares is a FINRA and MIFID regulated firm. We support companies and their employees in 100+ countries worldwide.

In December 2021 we were crowned Technology Company of the Year by Technology Ireland.

Should you wish to contact us regarding the new Open Cap Table Coalition or Global Shares’ cap table solutions, you can reach Derek Gallagher, Managing Director Emerging Companies, by email at [email protected].

Please Note: This publication contains general information only and J.P. Morgan Workplace Solutions is not, through this article, issuing any advice, be it legal, financial, tax-related, business-related, professional or other. J.P. Morgan Workplace Solutions’ Insights is not a substitute for professional advice and should not be used as such. J.P. Morgan Workplace Solutions does not assume any liability for reliance on the information provided herein.