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    <title>VentureGrill — Startups</title>
    <link>https://venturegrill.com/category/startups</link>
    <description>The companies raising, building, and breaking things.</description>
    <language>en-us</language>
    <lastBuildDate>Tue, 07 Jul 2026 13:18:59 GMT</lastBuildDate>
    
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      <title><![CDATA[Reading a cap table without crying: dilution, options, and the math that decides who owns what]]></title>
      <link>https://venturegrill.com/reading-a-cap-table-dilution-options</link>
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      <pubDate>Thu, 02 Jul 2026 09:00:00 GMT</pubDate>
      <category>Startups</category>
      <description><![CDATA[The cap table is the single source of truth for ownership — and the place where dilution quietly compounds. How to read one, and the three numbers that matter at every round.]]></description>
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