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The video tutorial addresses a common query for financial controllers regarding the creation of a cap table for a bank loan application. Initially, startups may not prioritize a cap table, which is an Excel file detailing ownership percentages among the CEO, co-founders, and investors. However, as a company grows—especially when revenue reaches around one million dollars—the need for financing increases. At this stage, a cap table becomes essential for demonstrating ownership to potential banks for loans and to investors for equity funding. The tutorial provides guidance on effectively assembling this important document.
