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Angelas Founder Platform - Stack
The second product ravi identified as a pillar of angels future was stack, calling it the single most important thing we've done in a long time. Stack compines entity formation, cap table management, banking, hiring and fund raising tools in a single package. In corporation costs 500 dollars, with all other features available for free. Clients that use the banking poduct deliver revenue through transaction fees, and in time, the company expects to charge for its cap tabl management. While managers and founders could still benefit from angelis tooling without access to on platform capital, its presence increases the likelihood of successful transactions.