It’s best to check out the Product Tour here, including the specific tours on this section of Cake.
The Cake app massively streamlines and simplifies raises, ESOP, and ongoing cap table management.
It saves you more than 80% of the time and cost when raising and doing your ESOP.
Plus you look like legends to your investors and employees.
We have workflows that save time and confusion on what to do next, and lots of the data entry and emailing is gone; we have awesome partners to help with legal and tax as needed.
Specifically, with your employee equity, the Cake app helps with steps in each stage:
- Setting up an employee equity scheme
- Cake has built in legal templates for stock options including the plan rules, offer letter and resolutions.
- Choose the Cake legal templates, or BYO with your own or with your own attorney
- Easily get the resolution signed by directors and/or stockholders
- Easily send employee offer letters to get their equity granted
- Use Cake’s simple Company and Employee guides so everyone knows what’s going on
- Building a great team
- Keep your vesting up to date automatically, including emails to your team
- Team access to Cake to see their vesting schedule, the value of their options, and access key documents
- Send announcements to your team, like your investors, to keep them motivated and aligned to the success of the company
- Maintaining the scheme
- All documents are stored in the one place for all users to access, from founders, leaders, attorneys, accountants, and team.
- Vesting is automated
- Exercising or lapsing is simple
Don't forget your ESOP is way easier, too and all in one place with your shares, notes and SAFEs!
Book in here with our incredibly helpful team to get some help.
https://embed.notionlytics.com/s/TUZweWFtaEJhMmgwZGtsNWFuUm9hMlZ6V0hNPQ==