Solution
AI cap table and equity management
An AI cap table uses natural language to answer questions about ownership — dilution, fully diluted position, conversion outcomes — instead of forcing you to rebuild a spreadsheet model. In Perseids, AI reads the ledger and explains it; every number it quotes comes from the same deterministic calculation engine that produces the cap table itself.
What AI should and should not do on a cap table
| AI is well suited to | AI must not be trusted with |
|---|---|
| Explaining what a position means | Deciding the authoritative share count |
| Drafting an import mapping for review | Writing to the ledger unattended |
| Summarising a scenario's outcome | Inventing a valuation or a term |
| Finding inconsistencies to check | Issuing or cancelling securities |
Explaining what a position means
- AI must not be trusted with
- Deciding the authoritative share count
Drafting an import mapping for review
- AI must not be trusted with
- Writing to the ledger unattended
Summarising a scenario's outcome
- AI must not be trusted with
- Inventing a valuation or a term
Finding inconsistencies to check
- AI must not be trusted with
- Issuing or cancelling securities
How Perseids separates the two
Ownership maths runs in a deterministic engine: the same inputs always produce the same outputs, and the result is reproducible outside the model. The AI layer sits above it. Ask Perseids can retrieve positions, run a supported scenario and explain the result, and AI-assisted import can propose a mapping for a messy spreadsheet — but proposals are surfaced for a human to accept or reject.
Examples of questions people actually ask
- What is our fully diluted ownership today, including the unissued option pool?
- If we raise 4m at 16m pre-money with a 10% post-money pool, what do the founders hold?
- Which SAFEs convert at the cap in that round, and at what price?
- How much of the pool is unallocated after the grants approved last quarter?
Perseids provides information about your own records. It does not provide legal, tax or investment advice.
Frequently asked questions
- Can AI change my cap table in Perseids?
- No. AI can propose changes and explain existing records. Writes to the ownership ledger require an authorised human action.
Put this into practice with Perseids.
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