<?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/a-11b-seed-round-no-product-no-revenue</loc><news:news><news:publication><news:name>Startup Spotlight</news:name><news:language>en</news:language></news:publication><news:publication_date>2026-04-28T19:01:51+00:00</news:publication_date><news:title>A $1.1B Seed Round. No Product. No Revenue. No Roadmap. Investors Lined Up Anyway.</news:title></news:news></url><url><loc>https://startupspotlightsubstack.com/p/74-athletes-just-co-invested-in-a</loc><news:news><news:publication><news:name>Startup Spotlight</news:name><news:language>en</news:language></news:publication><news:publication_date>2026-04-27T23:56:37+00:00</news:publication_date><news:title>74 Athletes Just Co-Invested in a Prediction Market. The Ownership Era Is Here.</news:title></news:news></url></urlset>