Capboard Release Notes - May 2024 Update
We are excited to announce the latest updates and improvements to Capboard! This May 2024 release brings significant enhancements and fixes that ensure a smoother and more robust experience for all our users. Here's everything you need to know about the new changes:
Backend Improvements:
- Stakeholder Pricing Script: Fixed to run consistently.
- Simulation Handling: Added a guard to prevent crashes when a simulation is empty.
- Transactions Endpoint: Enhanced to fetch specific transactions more efficiently.
- Exercised Request Endpoint: Improved to allow querying per grant.
- Logging: Added a guard to reduce spamming the log platform with errors in the grants backend.
- Grants Calculation Endpoint: Introduced a new endpoint to calculate the available shares for grants as a unique source of truth.
Frontend Enhancements:
- Equity Grant Edit Modal: Launched a new modal in React for editing equity grants, including new components.
- Grant List View: Improved the overall list view interface for grants.
- Data Validity Rules: Implemented rules to ensure data integrity such as:
- Amount granted cannot be less than the vested amount needed to cover already exercised and bought back shares.
- Cliff and interval durations cannot be less than the total duration.
- Grant date cannot precede the plan creation date.
- Changes to a plan are restricted if there are already issued, exercised, or bought back shares.
- New Fields: Added fields for 'vested' and 'end date'.
- Style Updates: Changes in style to align with new views, including new icons and a reorganized layout that compacts duration, interval, and cliff into one column.
- Pending Status: Added a new status for pending with a tooltip to show the amount pending in exercise requests.
- Menu Fixes: Updated the menu to hide options that should not be visible based on the grant status.
Form and Modal Updates:
- Exercise and BuyBack Forms: Updated to utilize the new 'availables' field from the backend.
- Base Modal Component: Improved styles to adopt the new look and added options for buttons and toggles.
Stability and Usability Fixes:
- Captable Valuation Selector: Added guard to prevent crashes.
- Grants Page: Fixed to filter by URL parameters.
- Exercise Request Form: Enhanced stability with a new guard to prevent crashes.
These updates are designed to enhance your Capboard experience, ensuring more reliable and efficient management of equity grants and transactions. We appreciate your feedback and are here to support your journey with Capboard. Thank you for trusting us with your equity management needs!
By Luis Miguel Dominguez
Capboard, CTO