LTSE Equity enables easy cap table creation and management, transparent ownership tracking for all stockholders, 409A valuations, stock plan management, and powerful round and exit modeling. Companies own and control their data.
Incorruptible by Eric RiesMaker
📌LTSE Equity was built by founders, for founders. We realized that there needed to be a better way to manage start-up equity in-house and always wanted to be on the side of the next generation of leaders.
As a part of building LTSE Equity, we have seen again and again that if you want to build a purpose-driven company that’s got a meaningful, long-term mission, you have to get your governance right as soon as possible. I am excited that we are now offering every one of our customers the opportunity to get advice from our team of experts on on how best to build their team, treat their customers and community with respect and how governance can serve your strategy at every stage.
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Cluing @ericries Amazing idea, congrats on the launch!
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@ericries I remember your talk on LTSE at Flexport’s office in 2019. It’s amazing to see your continuous commitment and all the progress that you and the team have made.
Congrats on the launch🎉
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LeadDelta @ericries @tihomirb, congrats on the launch, guys! Happy customer here! 🙌
Q: Eric, what's your read on the current funding/macro situation?
Followup Q: How should a pre-seed founder prepare for what's coming in the next 36 months?
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"In February 2023, $18B of venture funding was deployed in global startups, marking the first time since February 2020 when the totals dipped below the $20B mark, per Crunchbase. Funding deployment in February dropped 63% YoY and 43% MoM. Late-stage startups saw the most reduction in financing, with funding falling 73% YoY."
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Incorruptible by Eric RiesMaker
@anna_nevmerzhytska thanks! can't wait to see how Flexport embodies those principles as it grows
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Incorruptible by Eric RiesMaker
@tihomirb @vedranrasic the startup financial system is cyclical, and if you stay in the industry long enough you will go through multiple of these cycles. the key is to keep your personal and team equanimity in good times and bad - easy to say but hard to do
people often forget that one of the original motivations behind lean startup was to give people a rigorous framework for deciding what uses of startup capital are actually productive and which are not - in good times and bad. it's, of course, much easier to apply that rigor in bad times
in terms of how to prepare for what's coming, it really depends on your situation. if you haven't raised your seed or pre-seed round yet, fundraising is going to be harder than c2021, but you'll have the advantage of raising at the new normal of a lower valuation. that means more dilution but actually can be a positive depending on how things unfold.
if you already raised a priced round at too high a valuation, things will be rougher.
but still, no matter your situation, the same actions will give you the maximum chance of success: rigorously test your assumptions, spend only on the activities that help you learn how to create value and grow, and ignore all the noise.
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Product HuntHunter
📌When I first heard about the Long Term Stock Exchange, I was immediately filled with questions. What does a world look like when every public company is long term minded? How does that impact our every day lives? And most importantly, how could I get involved as a founder?". When I asked the team this, there was a simple step that i could take that ensure I was on the path to building a company for the long term. That step was singing up for LTSE Equity. 2+ years later I am not just a happy customer of LTSE Equity, I am an evangelist for it.
The cap table management platform itself is beyond powerful, including every feature I need to do my job like equity tracking, fundraise help, and exit scenario modeling. In addition, LTSE is one of the founding members of the Open Cap Table Coalition, and the first to support full export in the portable open cap table format. This trust is one of the reasons I probably will NEVER leave LTSE Equity.
I encourage you to try out LTSE for yourself so you can get the short term functionality that you need as a founder, and so you can be aligned in a long term oriented ecosystem as you grow. Enjoy!
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ViewCoder@mat_sherman Congratulations on launching LTSE Equity, the comprehensive cap table management and stock plan platform that provides transparency and control to companies. Well done & Good luck!
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Puzzle🔌 Plugged in
I am glad to see LTSE Equity finally get its day to shine, and hope this is the catalyst for this industry. We were an early customer and they pushed this industry forward in a way that made equity management intuitive, founder friendly and affordable. Highly recommend to startups out there!
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LTSE EquityMaker
@sasha_orloff your feedback since day one has been invaluable. proud to have puzzle.io and startuprunway.io provide the fastest way for founders to understand their real burn and build a cash plan for future
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LTSE EquityMaker
@sasha_orloff Thanks for the kind words, and congratulations on your amazing progress with Puzzle!
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LTSE EquityMaker
Hi Product Hunt! 👋 Maker of LTSE Equity here.
When @ericries, @marceire and I first started working on the Long-Term Stock Exchange, we wanted to solve typical problems founders face at different stages of their company journey. Cap table management was a clear place to start.
As repeat founders we lacked the tools to feel fully in control of our cap table and to use it as a strategic tool for company building, starting with fundraising and equity-based rewards. We set out to make cap table management simpler, put founders in control of their startup data, and above all improve how startups are built.
Our MVP was launched under Captable.io in 2015. It has been a part of the LTSE’s ecosystem approach ever since and has tracked over 40,000 startup cap tables to date. Through a parallel process of building a national securities exchange and reimaging the public market incentive system, we’ve had an opportunity to advise startups and publicly-listed companies on best ways to align how they run their company with their mission and benefits for all their stakeholders (what lawyers like to call corporate governance).
Today, we're announcing new services that let us share our learnings with all our customers. 🚀
For startups that have raised a priced round (Series A+ funded), we now offer integrated consulting on core company-building activities: from fundraising strategy and equity-based compensation planning to helping founders set up mission-protective by-laws and frameworks for reporting. (For earlier stage startups, we’re rolling out a series of resources, including do-it-yourself guidelines, best practices and simple tools - and you can still get your cap table set up for free on our Basic plan.)
Our advice spans the following stakeholder categories:
✅ Rewards, People & Culture
✅ Customers, Community & Environment
✅ Governance, Transparency & Reporting
To provide this advice, we depend on getting your cap table up to date. Your cap table is not just a ledger of equity ownership but also records the most important corporate governance additions over your startup’s lifespan.
⚡You can record your cap table on your own or with our assistance.
LTSE Equity is a complete cap table management platform to help startups meet their fundraising, equity compensation and financial management needs, including:
✅ Cap table management.
✅ On-platform security issuance for investors.
✅ On-platform issuing and exercising stock options for employees.
✅ Stakeholder and financial reporting.
✅ 409A valuation and tax-related reporting.
✅ Scenario modeling for convertible instrument conversion, priced round fundraising and exits.
We believe in fair, transparent pricing and we also offer a simpler, free plan for earlier stage startups.
We are also a founding member of Open Cap Table Coalition. and we are the first software platform to support full data export in the Open Cap Table format. We believe that founders should own and control their company data.
If you’re one of over 60,000 founders who have used LTSE products to date, we’d like to thank you for your support. 🙏
if you're new, feel free to explore our fully-featured interactive public demo and sign up for free to get started.
I look forward to getting your feedback and answering your questions.
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JobertyGreat work @tihomirb!
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Cluing @ericries @marceire @tihomirb looks promising, congrats on the launch 😄🚀
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Congrats on the Product Hunt launch, @tihomirb! And thanks for you tireless work and leadership on the Open Cap Table Coalition. It's been a great privilege to work alongside you to bring the vision of interoperability, transparency, and portability of startup cap table data to life.
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LTSE EquityMaker
@josephmgreen thank you for your support and partnership
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LeadDelta @ericries @marceire @tihomirb good work team!!
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Kudos for the open-cap table coalition! As a (commercial) open-source founder aspiring to one day go public this story really resonates with me. Developing in the open, interacting with users and clients in the open is much harder than with traditionally-packaged software. To have someone invest in projects like mine and not be quarter-obsessed sounds very appealing. One question though; when will the other players in the coalition have full support?
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LTSE EquityMaker
@sasha_krsmanovic thanks! I'll invite other Open Cap Table Coalition members to answer as well. We're meeting in person next week to discuss industry-wide adoption and to showcase initiatives for support of the format from various members.
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Sequoia: Men's Sexual HealthSalutations! Great job on getting LTSE Equity on Product Hunt!
That looks pretty interesting!
The commentary mentions that the product was created "from the founder for the founder".
I would like to ask one question.
Who else might need your service?
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LTSE EquityMaker
@ilyayaroshevichqa
1. other stakeholder on that startup's cap table: employees and advisors who have equity grants, investors who fund the startup with capital or have contractual opportunities (like warrants) to do so.
2. lawyers or paralegals or stock plan admins who might have maintain the cap table
3. 3rd party service providers who require access to cap table info (eg compensation consultants, analyst who derive startup valuation, tax advisors)
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Sequoia: Men's Sexual Health@tihomirb
Thank you so much for your answer.
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DocsCubeCongrats on the launch!
I was playing with the demo, and I especially like the Scenarios modeling capability.
We will definitely utilize it in our next fundraise!
Do you guys also offer professional advice services along with the equity planning and management?
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LTSE EquityMaker
@nikolacvetkovic thanks. for customers on our Boost plan we include 5 hours of consulting on fundraise prep, equity incentive planning , and more.
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LTSE EquityMaker
@nikolacvetkovic Thanks for your kind words on our scenario modelers. Good investors are smart about deal terms, we want to help you be smart too!
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