The structural mechanics of who owns what. This cluster covers cap tables, stock classes (common, preferred, restricted), options (ISO, NSO, exercise mechanics), vesting and acceleration, anti-dilution provisions, preferred stock terms (preferences, ratchets, protective provisions), SAFEs and warrants, equity tax planning (83b, QSBS, AMT), and the administrative infrastructure (cap-table software, equity admin) that keeps it all clean. 80 entries.
This is the most consequential cluster for founder economics. The decisions here echo across every future round and exit.