https://vquity.lisan.org/blog/ Practical writing on cap tables, fundraising math, and equity operations. en-us https://vquity.lisan.org/blog/vquity-1-18-data-room/ https://vquity.lisan.org/blog/vquity-1-18-data-room/ Sun, 12 Jul 2026 09:00:00 GMT The Vquity 1.18 release rebuilds the Data Room: one Add Documents flow, ~120 document types, version-aware renewals, editable AI extractions, and a readiness score. https://vquity.lisan.org/blog/diligence-ready-data-room/ https://vquity.lisan.org/blog/diligence-ready-data-room/ Wed, 24 Jun 2026 09:00:00 GMT How to build a diligence-ready data room before the term sheet: the 8-section structure, version hygiene for renewals, and a 12-item readiness checklist. https://vquity.lisan.org/blog/safe-stacking-dilution/ https://vquity.lisan.org/blog/safe-stacking-dilution/ Tue, 09 Jun 2026 09:00:00 GMT Four SAFEs signed over 18 months quietly add up. A step-by-step worked example of SAFE stacking dilution at conversion, and how to model the stack before you sign. https://vquity.lisan.org/blog/gcc-startup-equity/ https://vquity.lisan.org/blog/gcc-startup-equity/ Tue, 19 May 2026 09:00:00 GMT Startup equity in the GCC: how DIFC, ADGM, and mainland incorporation shape your instruments, why convertible loans replace SAFEs, and KSA's CMA ESOP framework. https://vquity.lisan.org/blog/option-pool-shuffle/ https://vquity.lisan.org/blog/option-pool-shuffle/ Tue, 05 May 2026 09:00:00 GMT The option pool shuffle: how a pre-money pool top-up quietly lowers your effective valuation, with a $15M worked example and three counters to negotiate it. https://vquity.lisan.org/blog/cap-table-mistakes/ https://vquity.lisan.org/blog/cap-table-mistakes/ Tue, 21 Apr 2026 09:00:00 GMT The 10 cap table mistakes that surface in due diligence (spreadsheet drift, missing approvals, dead equity, unmodeled SAFEs) and how to fix each one.