Introduction
Sharing your cap table with stakeholders provides transparency and builds trust, but it's essential to balance openness with privacy concerns. Ledgy's anonymisation feature gives you control over what information is visible to stakeholders while still providing them with valuable equity insights. This guide explains how the anonymisation process works, what stakeholders can see, and how to implement these privacy settings to protect sensitive information when sharing your cap table.
Relevant reading
In order for stakeholders to see the cap table, you first have to set their access level to "Full cap table". Refer to this article for details on setting stakeholder access levels.
What do stakeholders see?
Once you change the access level of the stakeholder, they will see the Cap table as you see it under Ownership > Cap table on the collaborator side.
For privacy reasons, even without anonymisation, some stakeholder and company details are hidden by default:
Stakeholder address information
Share class liquidation preference
Anonymising the data
If you wish to share the cap table but hide the names of other stakeholders, you can use Ledgy's anonymisation feature. This allows stakeholders to see ownership percentages and structure without revealing the identities of other equity holders.
How to anonymise stakeholders?
Navigate to Company Settings
Select General
Scroll to Equity Management Settings
Find Anonymous stakeholders
Click the dropdown and select the stakeholders you wish to anonymise
The anonymised stakeholders will appear as "anonymous stakeholder #" to everyone with a "Full cap table" access, as well as collaborators with "View" access.