Invention Coach:
Christina Cole
Public Inventor(s):
Prajwal Shah
Previous PIs:
Robert Read
Main Link:
Motivation:
NanoCaptable is an innovative, open-source tool designed to facilitate the equitable division and sharing of equity for nascent projects that are too small and uncertain to justify the creation of formal legal entities such as LLCs. NanoCaptable offers a straightforward yet robust platform for creators to organize and manage cap tables without the need for initial incorporation. This tool is particularly valuable for early-stage ventures where the revenue-generating potential remains unclear. NanoCaptable’s unique value proposition lies in its simplicity and open-source nature, empowering creators to focus on innovation and collaboration.
Story:
The early stages of project development, particularly within the realms of computer science, economics, and accounting, often necessitate the allocation of equity among contributors. However, the uncertainty surrounding the project’s success may not justify the creation of a formal legal entity. NanoCaptable addresses this gap by providing an accessible, open-source solution that enables the creation and management of equity cap tables. This tool allows for the fair and transparent distribution of ownership stakes, fostering trust and cooperation among team members.
The running example can be seen here:
https://pubinv.github.io/nano-cap-table/
(You will not be able to change the table unless you have a github access token to the repo which is serving the github pages.
Status:
Skills Needed
Computer Science/Programming Skills
Accounting Principles