A well-structured capitalization table (cap table) is a crucial tool for startups, serving as a ledger of the company's ownership and detailing the distribution of shares, rights, and conditions among stakeholders. As a startup grows and attracts new investments and advisors, the complexity of the cap table increases, necessitating careful management to ensure clarity and facilitate future funding rounds. Common challenges include dead equity, vesting schedules, and managing employee equity schemes. For startups operating under SEC Rule 506(b) and 506(c), digital platforms like Syndicate offer comprehensive solutions for effective cap table management, simplifying the process and ensuring compliance with regulations while fostering motivation and alignment with company goals.