# Who owns it vs. who can make things happen | Nick Hunley

- Canonical URL: https://wefunder.com/feed/439797
- Entity ID: wefunder:feed_item:439797
- Published at: 2026-10-28 16:10:19 UTC
- Updated at: 2026-11-02 16:33:13 UTC

## Author
Nick Hunley

## Subject
Nick Hunley

## Content
The cap table tells you who owns what, and the governance documents tell you who can make things happen, and those are two different questions... then there's a third one, because the documents tell you who should have the power and the way people behave in the room tells you who has it, and when I'm looking at a company I want all three answers to point at the same person.General education, not legal advice.