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this first lesson is just a quick intro so over the next minute or so were going to review three important things first were going to touch on what a cap table specifically keeps track of second well talk about when you should create your companys cap table and finally well talk about how to get your cap table set up you ready lets Dive In so what is a cap table keep track of in short order lets run through the main items first the cap table tracks exactly what kind of ownership everyone has remember theres more than one type of equity that you can give someone for example some of your shareholders will have whats called common shares while other people might have preferred shares which gives them special rights and preferences and the other people might have things called convertible instruments that arent even shares yet think of them like baby Equity eggs that are gonna hatch in a little share is at a later date long and short of it the cap table keeps track of all this st