Master Your Cap Table: Equity Modelling for Startups

Confused about cap tables? Worried about dilution? Whether you're raising investment or planning future funding rounds, getting your cap table right is crucial.

Join Remco Marcelis and Thomas Worden from Standard Ledger, plus Cal Davidson from Cake Equity, for a practical session on cap table modelling, where we’ll run through:

• What is cap table modelling and why is it so important?
• How many shares should my startup have?
• How do I account for SAFEs and convertible notes, touching on valuation caps and discounts
• How do I account for ESOPs?
• Examples of modelling scenarios

You’ll receive seminar slides and a simple cap table template spreadsheet.

This session is designed for startup founders and finance leads who want to confidently manage their equity structure and understand the impact of future investment. No finance degree is needed—just a willingness to learn!

Secure your spot now!

Who should attend?
Startup founders and scale-up leaders who are serious about securing funding to take their business to the next level.

About the host & speakers

Remco Marcelis, CoFounder + CEO, Standard Ledger

Remco is not your typical accountant. That’s why he founded Standard Ledger. He has worked with startups and high-growth SMEs as a CFO/Virtual CFO for more than 10 years, following four years in venture capital and 10 years in multinational consulting/services firms. His passion is simple – helping businesses grow.

Remco is a chartered professional accountant with an advanced MBA degree from the University of Adelaide and is a graduate of the Australian Institute of Company Directors.

Thomas Worden, Client CFO, Standard Ledger

Thomas Worden is a seasoned CFO at Standard Ledger, specialising in supporting startups and scale-ups through their growth journeys. With extensive experience in capital raising, financial strategy, and investor relations, Thomas has helped countless founders navigate the complexities of securing funding. He also brings unique insights from his work on the backend operations of Aussie Angels, making him well-versed in the nuances of equity and alternative funding structures.

Thomas combines technical expertise with a hands-on approach, ensuring founders have the tools, knowledge, and confidence to tackle challenges head-on. His passion lies in helping startups scale sustainably while avoiding common financial pitfalls. Whether it’s preparing financials, managing investor expectations, or guiding founders through their next funding round, Thomas is a trusted partner for startups looking to succeed.

Cal Davidson, Head of Partnerships and Community, Cake Equity

Cal is on a mission with the Cake team to unlock the power of employee ownership and startup equity. He believes in the power of innovation and startups as a force for good in the world. As the leader of Cake’s Partnerships and Community Engagement, he works with global VCs, accelerators, lawyers and startup communities to empower founders and simplify startup equity.

Cal has a deep understanding of investing, markets and financial services. His background includes leading investor relations for multinational banks and diverse leadership & CEO roles. Cal is a community leader, connector and advisor who loves working with founders one-on-one and at scale as a presenter, content creator and event facilitator.

He loves keeping active and spending time surfing with friends. When not surfing, Cal is spending time with his wife Ali, who owns her own business, and their four sons.

Don’t miss this opportunity to learn from experts who’ve been in the trenches and know what it takes to succeed.

Register now to secure your spot!

(Spaces are limited—early registration is recommended.)