AngelList vs Pulley

It goes without saying that your startup's funding is its lifeblood. Without funding, there can be no development, hiring, marketing, or growth. But funding is only one piece of the startup puzzle. 

Another crucial aspect is the meticulous management and allocation of equity to employees, advisors, and investors, which can be challenging due to significant long-term consequences of any mistakes made.

Enter: equity management software. Designed to assist founders in navigating the complexities of equity management and aiding startups in making well-informed decisions, they are invaluable for startups. However, with a multitude of options available in the market, startups often face the dilemma of choosing the most suitable solution.

In the following sections, we’ll compare two popular equity management solutions, AngelList and Pulley, and provide insights to help you determine if they’re right for you.

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First things first—what is equity management software?

Equity management software, also known as cap table software, consolidates and streamlines various tasks related to equity management. It covers activities such as creating and maintaining cap tables, issuing and managing equity, and simulating potential scenarios. This software effectively supports startups from seed to series and beyond. 

One such solution that fits the bill is AngelList. While they are a relative newcomer to the equity management software scene, they provide a solid platform that excels as a recruitment platform in addition to their cap table management functions.

Similarly, Pulley stands as another viable platform, offering a highly functional yet straightforward solution. They deliver a simplified, powerful equity management solution specifically geared towards early-stage startups.

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Things to consider when choosing equity management software

With so many options to pick from, you should try answering these questions before settling on a choice:

Is it easy to use?

It doesn't matter whether your solution of choice has all the functions in the world. If it isn't intuitive to use, it might as well be useless. Good solutions prioritize simplicity and provide a seamless user experience – your solution should empower you, not big you down!

Will it scale with your startup’s growth?

Startups are constantly changing as they secure funding, employees, advisors, and investors. A good solution can cater to your needs during all stages of growth.

Will there be support for you when you encounter issues?

Equity management is a complex process. Your solution should also include supporting resources and excellent customer service to address your questions and concerns.

Does it come with independent professional advisors?

Appraisals like 409A valuations need to be conducted by independent professionals. A good solution must provide access to independent professionals to avoid potential headaches.

Will it address your reporting and compliance needs?

Effective equity management software prioritizes compliance (e.g. Rule 701 analysis) and offers features that keep you updated with regulatory requirements.

Does it come with scenario modeling?

Make better decisions when signing and negotiating terms in your fundraising rounds or exit. A good equity management software should help you visualize how your current or upcoming convertible notes and SAFEs convert in scenario modeling.

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AngelList vs Pulley

TL;DR?

• Onboarding: AngelList’s rapid onboarding allows users to get up and running from the get-go.
• Scenario modeling: Pulley offers waterfall modeling under its custom plan which is invaluable for making informed equity management decisions.
• Better exportability: AngelList’s ability to sync data sharing with existing systems can save time otherwise spent on laborious processes.

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Why LTSE Equity?

Made by founders to serve founders, LTSE Equity's powerful equity management solution aims to help startups achieve their goals, whether it be cap table management, fundraising, tracking equity, and more.

TL;DR? LTSE Equity might just be the platform you’re looking for if you need:

• Rapid onboarding: LTSE Equity offers swift onboarding, allowing startups to begin migrating data and creating cap tables within minutes.
• Unrestricted cap table health check: LTSE Equity offers annual cap table health checks across all plans.
• Effortless stock option issuance: Seamlessly generate legally compliant documents and issue stock certificates or certificate-free stock using LTSE Equity's comprehensive end-to-end stock issuance system.

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LTSE Equity FAQs

What makes LTSE Equity different from other platforms?

LTSE Equity is created by founders, for founders. Our full suite of equity management features reflects our real-life experience and insights, empowering your startup to prosper and endure.

How much does LTSE Equity cost?

Our pricing is strictly founder-friendly and scales as you grow. Our plans are also completely transparent, with no hidden costs or surprise price hikes.

Does LTSE Equity provide a free trial or demo?

Yes! Dive into our full-featured demo now and discover every benefit LTSE Equity has to offer—no sign-ups required.

How can I switch to LTSE Equity?

Simply send us your current spreadsheet or cap table, and we’ll get your details onboarded within a week.

How can I ask more questions about LTSE Equity?

Not sure which plan to choose? Looking for a live demo? Schedule a call with our team now.