<?xml version="1.0" encoding="UTF-8"?><urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9" xmlns:news="http://www.google.com/schemas/sitemap-news/0.9"><url><loc>https://startupspotlightsubstack.com/p/china-just-rewrote-the-ipo-playbook</loc><news:news><news:publication><news:name>Startup Spotlight</news:name><news:language>en</news:language></news:publication><news:publication_date>2026-04-14T17:22:58+00:00</news:publication_date><news:title>China Just Rewrote the IPO Playbook for Startups</news:title></news:news></url><url><loc>https://startupspotlightsubstack.com/p/the-pentagon-stopped-caring-who-made</loc><news:news><news:publication><news:name>Startup Spotlight</news:name><news:language>en</news:language></news:publication><news:publication_date>2026-04-14T17:14:15+00:00</news:publication_date><news:title>The Pentagon Stopped Caring Who Made the Plane</news:title></news:news></url><url><loc>https://startupspotlightsubstack.com/p/300-billion-went-into-startups-last</loc><news:news><news:publication><news:name>Startup Spotlight</news:name><news:language>en</news:language></news:publication><news:publication_date>2026-04-14T17:07:20+00:00</news:publication_date><news:title>$300 Billion Went Into Startups Last Quarter. Most of It Went Nowhere New.</news:title></news:news></url></urlset>