All 5 recommendations
Est. prices as of Feb 19, 2026
#1 · Pulley Inc. · Best Value
Pulley
$0-$300/month
The most honest equity calculator that shows you exactly when your options become worthless
- ✓ Real-time valuation updates
- ✓ Models dilution scenarios accurately
- ✓ Cap table integration with major platforms
- ✓ Shows waterfall analysis to reveal your actual payout
- ✗ Subscription model feels expensive when calculating $0 payouts
#2 · Carta · Premium Pick
Carta
$0-$500/month
Enterprise-grade cap table management that doubles as your equity disappointment tracker
- ✓ Comprehensive cap table intelligence
- ✓ Secondary market valuation data
- ✓ 409A valuation integration
- ✓ Works for multiple companies
- ✗ Overkill for solo option holders; designed for company admins
#3 · Equity Zen · Hidden Gem
Equity Zen
$0-$200/month
Specialized in making secondary markets feel accessible when your primary options tank
- ✓ Focused on liquidity events
- ✓ Marketplace for selling shares
- ✓ Clear tax impact calculations
- ✓ Negotiation tools for option strikes
- ✗ Limited to employees in well-known startups; most users have no liquidity options
#4 · Capboard
Capboard
$99-$400/month
Beautiful interface that makes your equity spreadsheet look less sad
- ✓ Clean UX and visualizations
- ✓ Scenario modeling tools
- ✓ Document storage for option agreements
- ✓ Mobile app for checking bad news anywhere
- ✗ Visualization doesn't change the math
- ✗ Pricier for basic calculations
#5 · Free Internet · Budget King
Google Sheets + Black Scholes Template
$0
The calculator your broke startup founder actually uses
- ✓ Completely free
- ✓ Full customization to your specific terms
- ✓ Works offline
- ✓ Forces you to understand the math of your worthlessness
- ✗ Manual updates required
- ✗ Easy to make formula errors
- ✗ No integration with cap table data
- ✗ You have to do the work yourself