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Carta exits secondary trading following credibility hit

Roughly 72 hours after a prominent startup customer complained that Carta was misusing information with which it was entrusted — scaring many of Carta’s tens of thousands of other customers in the process — Carta is exiting the business that landed it in trouble with the customer. Carta co-founder and…

7:30 pm PST �� January 8, 2024
Carta exits secondary trading following credibility hit

In an attempt at damage control, the CEO of the equity management startup Carta, Henry Ward, today emailed customers, telling them that if they are concerned about “negative press” tied…

Carta’s CEO reaches out to customers about bad press, alerting them to bad press

Featured Article

WTF is a 409A?

In the past few months, both Stripe and Instacart have seen their internal valuations updated in a 409A appraisal process. What is this all about, and why should startups consider a lower valuation?

11:47 am PDT • July 20, 2022
WTF is a 409A?