Equity mistakes made in month one can derail a round years later. This kit shows UK founders how to set up equity properly, from the founder split to Series A.

What’s inside (6 lessons)

1. Why equity mistakes are expensive, and what a cap table is
2. Founder splits, reverse vesting, leaver terms and IP assignment
3. UK share basics: allotments, SH01 and Companies House filings
4. Option pools and EMI options, with the new April 2026 limits
5. Dilution across rounds: a worked example from day one to Series A
6. A 4-tab cap table template and 12 costly mistakes to avoid

A peek inside
From 6 April 2026, EMI limits rose sharply: gross assets up to £120m (was £30m), fewer than 500 employees (was 250), a £6m company option limit (was £3m) and options lasting up to 15 years (was 10). Lesson 4 explains what that means for your hiring, step by step.

Who it’s for: UK founders setting up a company, hiring their first employees or preparing for due diligence.
What it isn’t: legal or tax advice. It helps you get organised and ask your solicitor or accountant the right questions.

Includes access to the Founder Fundraising Chat.

Educational content only, not legal, tax or investment advice. Veltrix Ventures is not an investment fund and does not invest in startups.