For many startup employees, it often seems like the only options for liquidating their shares and receiving a payout for their equity in a company is to wait for it to go public or be acquired.

With strategic investments from Nasdaq, Silicon Valley Bank, Citi, Goldman Sachs and Morgan Stanley, Nasdaq Private Market will become a standalone, independent company to build a leading platform for private company stock transactions.

Buckle up. It’s time to discuss one of the most thrilling documents in the startup world: The cap table. I mean, come on: It’s all in there—shareholders, types of shares, dilution.