# Eqvista vs Fidelity Private Shares: which do AI models recommend for cap table management, October 2026

Finance AI Recommendation Index, October 2026 Edition, Cap table management. Zero of fourteen models named Eqvista first on the direct prompt; zero named Fidelity Private Shares. Page: https://finance-ai-index.com/corporate/cap-table-management/eqvista-vs-fidelity-private-shares/

| | First-choice share | Rank | Negative rate | Labels | Models naming it |
|---|---|---|---|---|---|
| Eqvista | 12% | #5 of 10 | 16% | 31 | 13 of 14 |
| Fidelity Private Shares | 2% | #8 of 10 | 0% | 11 | 8 of 14 |

## The direct prompt, model by model

- GPT-5.4 mini: neither first, one named (first choices: Carta) (alternatives: Eqvista, Ledgy, Shareworks)
- Kimi K2: neither first, one named (first choices: Cake Equity, Pulley) (alternatives: Eqvista, Ledgy)
- GLM 4.7 FlashX: neither first, one named (first choices: Carta) (alternatives: Fidelity Private Shares, Pulley, Qapita)
- Claude Haiku 4.5: neither named (first choices: Qapita) (alternatives: Cake Equity, Carta, Pulley)
- Gemini 3.5 Flash: neither named (first choices: Carta) (alternatives: Ledgy, Mantle, Qapita)
- Perplexity Sonar: neither named (first choices: Carta) (alternatives: Cake Equity, Pulley, Qapita)
- Grok 4.1 Fast: neither named (first choices: Carta) (alternatives: Ledgy, Pulley)
- Mistral Small: neither named (first choices: Qapita) (alternatives: Ledgy, Pulley)
- DeepSeek V4 Flash: neither named (first choices: Carta, Pulley) (alternatives: Shareworks)
- Llama 4 Maverick: neither named
- Qwen 3.7 Flash: neither named (first choices: Carta) (alternatives: Pulley, Qapita, Shareworks)
- MiniMax M2.5: neither named (first choices: Cake Equity, Qapita) (alternatives: Carta, Shareworks)
- GPT-6 Luna: neither named (first choices: Carta) (alternatives: Shareworks)
- Muse Glimmer 30B: neither named (first choices: Carta) (alternatives: Cake Equity, Ledgy, Qapita)

## What the models said about Eqvista

- "Eqvista: flagged with roughly 23–39% negative sentiment. Users frequently criticize its user interface" (Qwen 3.7 Flash, negative prompt, hard negative)
- "Eqvista appears in the "criticized" category with a high proportion of negative labels" (DeepSeek V4 Flash, negative prompt, hard negative)
- "Use Eqvista cautiously—it's fine for early-stage budget-conscious startups, but not for complex modeling needs." (GLM 4.7 FlashX, negative prompt, soft negative)
- "Eqvista – best for bootstrapped / very small cap tables ... Best for budget conscious and bootstrapped companies. Free to 20 shareholders" (Muse Glimmer 30B, budget prompt, first choice)
- "Eqvista offers the best combination of a fully functional free tier, transparent low-cost pricing" (DeepSeek V4 Flash, budget prompt, first choice)
- "Eqvista is probably the best starting point for most small companies" (GPT-5.4 mini, budget prompt, first choice)

## What the models said about Fidelity Private Shares

- "Choose Fidelity Private Shares if you are a brand new company, want institutional-grade legal compliance" (Gemini 3.5 Flash, budget prompt, first choice)
- "Highly rated, stable alternatives in the current market include Fidelity Private Shares (historically Shoobx)" (Gemini 3.5 Flash, negative prompt, alternative)
- "leaders like Ledgy or Fidelity Private Shares ... Fidelity Private Shares (<25 stakeholders)" (Grok 4.1 Fast, negative prompt, alternative)

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all fourteen models, for a mid-market B2B company; rank is within the category. Comparisons are drawn for the top eight products in each category. Published under CC BY 4.0; the output is the models' output, and nothing here is a recommendation by the index.