Cap table management · October 2026 Edition
Shareworks vs Fidelity Private Shares
Zero of fourteen models named Shareworks first on the direct prompt; zero named Fidelity Private Shares. Shareworks was named by thirteen of the fourteen models and Fidelity Private Shares by eight and Shareworks carries 29 labels and Fidelity Private Shares 11, so the shares are not directly comparable.
Named in one category this edition.
Named in one category this edition.
First-choice share2%2%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate24%0%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#7#8A position in a field of 10; printed, not drawn.
Labels2911A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Shareworks reading right to left. Rank and label count are printed, not drawn.Carta was named alongside these two in eleven of the fourteen direct answers. Carta vs Shareworks · Carta vs Fidelity Private Shares · Pulley vs Shareworks
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; every quote names the model and the prompt it came from. Both figures come from the cap table management page.
By framing
How many of the fourteen models made each the first choice, per way of asking, and how many argued against it.
ShareworksFirst choices, of fourteen modelsFidelity Private Shares
Direct001 against Shareworks
Paraphrase103 against Shareworks
Comparative00
Budget-constrained01
Scale-constrained001 against Shareworks
Negative002 against Shareworks
Bars are first choices, 0 to 14 each sideModels that argued againstA model can name both, so the two sides of a row do not sum to fourteen.
Every model, every framing
The eighty-four answers behind the chart above, one cell each: where Shareworks and Fidelity Private Shares stood in it.
| Model | Direct | Paraphrase | Comparative | Budget-constrained | Scale-constrained | Negative |
|---|---|---|---|---|---|---|
| Claude Haiku 4.5 | | |||||
| GPT-5.4 mini | | | | |||
| Gemini 3.5 Flash | | | | | ||
| Perplexity Sonar | | | ||||
| Grok 4.1 Fast | | | | |||
| Mistral Small | ||||||
| DeepSeek V4 Flash | | | | | ||
| Llama 4 Maverick | ||||||
| Qwen 3.7 Flash | | |||||
| Kimi K2 | | | | |||
| GLM 4.7 FlashX | | |||||
| MiniMax M2.5 | | | | | ||
| GPT-6 Luna | | |||||
| Muse Glimmer 30B | | |
Shareworks Fidelity Private Shares first choice named as an alternative argued againstblank: not namedEach cell is one answer, Shareworks on the left and Fidelity Private Shares on the right.The direct prompt
The plain question, one answer per model, grouped by where Shareworks and Fidelity Private Shares stood in it.
Neither was the first choice, one was named
6 of 14 modelsThe answer put something else first and named one of the two as an alternative.GPT-5.4 miniCarta alternatives: Eqvista, Ledgy, Shareworks
DeepSeek V4 FlashCarta, Pulley alternatives: Shareworks
Qwen 3.7 FlashCarta alternatives: Pulley, Qapita, Shareworks
GLM 4.7 FlashXCarta alternatives: Fidelity Private Shares, Pulley, Qapita
MiniMax M2.5Cake Equity, Qapita alternatives: Carta, Shareworks
GPT-6 LunaCarta alternatives: Shareworks
Neither was named
8 of 14 modelsThe answer made no first choice from these two in this category.Claude Haiku 4.5Qapita alternatives: Cake Equity, Carta, Pulley
Gemini 3.5 FlashCarta alternatives: Ledgy, Mantle, Qapita
Perplexity SonarCarta alternatives: Cake Equity, Pulley, Qapita
Grok 4.1 FastCarta alternatives: Ledgy, Pulley
Mistral SmallQapita alternatives: Ledgy, Pulley
Llama 4 Maverickno first choice
Kimi K2Cake Equity, Pulley alternatives: Eqvista, Ledgy
Muse Glimmer 30BCarta alternatives: Cake Equity, Ledgy, Qapita
Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.
By buyer segment
The same question asked on behalf of a different buyer. Each standing is computed within its segment and they are never added together. The figures above are the mid-market standing, which is the one the category orders by.
Small business
Level: the same share of first choices.
Shareworks0%#10 of 10Fidelity Private Shares0%#8 of 10Mid-marketThe figures above
Level: the same share of first choices.
Shareworks2%#7 of 10Fidelity Private Shares2%#8 of 10Enterprise
Shareworks leads by thirty-eight points.
Shareworks38%#1 of 11Fidelity Private Shares0%#– of 11What the models said about Shareworks
Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Six of eight in this category shown.
“more appropriately sized than enterprise-first options like Shareworks / Morgan Stanley at Work... Choose Shareworks only if you are already at enterprise complexity” Perplexity Sonar · paraphrase prompt · soft negative
“it's worth a caution for startups specifically ... clunky and overkill for pre-Series-B companies” DeepSeek V4 Flash · negative prompt · soft negative
“If you are an early-stage or mid-stage startup, Shareworks is generally considered a poor fit.” Gemini 3.5 Flash · negative prompt · soft negative
“Shareworks by Morgan Stanley at Work is the mid-market to enterprise benchmark for compliance-oriented administration.” Muse Glimmer 30B · paraphrase prompt · first choice
“The traditional "enterprise" heavyweights. If you are actively on the road to an IPO within the next 12–18 months, these platforms excel ... though they can be slow to implement.” Gemini 3.5 Flash · scale prompt · alternative
“Choose Shareworks if you want a more enterprise/finance-led platform and can tolerate a heavier implementation.” GPT-5.4 mini · direct prompt · alternative
What the models said about Fidelity Private Shares
Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Three of four in this category shown.
“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
Also compared
Carta vs ShareworksCarta vs Fidelity Private SharesPulley vs ShareworksPulley vs Fidelity Private SharesQapita vs ShareworksQapita vs Fidelity Private SharesCake Equity vs ShareworksCake Equity vs Fidelity Private SharesEqvista vs ShareworksEqvista vs Fidelity Private SharesLedgy vs ShareworksLedgy vs Fidelity Private SharesAll twenty-eight head-to-head pages and the full cap table management standing
Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.