When we entered the Venture Fund Administration business in late 2018, we saw a similar problem to the problem we saw in the Captable and 409A Valuations industries. In 2014, captable management was a manual service provided by paralegals using spreadsheets and email. We came to market with the value…

When we raised our Series B in 2015 our legal bill was $25K. At the time I was appalled at how much it cost to close my round. And the worst part was when I looked at the bill, almost all of the costs were for administrative work: building the…

This week I had the chance to testify in front of The House Financial Services Committee on Capitol Hill. It was an opportunity for me to advocate for the startup community and talk about about the importance of expanding ownership and bolstering venture capital to help fuel the next wave…

I wrote this three years ago to help my employees understand why executives leave Carta. I’m sharing now in the hopes it will help CEOs, executives, and employees better understand executive departures. How to think about executive departures In January and February I did a few office visits where people asked…

Every year I write to all of Carta’s customers to both thank them for trusting us as they build the companies of the future and to share how we hope to better support them in the coming year. …

Today we are making a visual change at Carta. This change is the external manifestation of the next evolution of Carta. The first problem we set out to solve at Carta was the electronic issuing and signing of private stock certificates. …

Carta raised a $500M Series G, valuing the company at $7.4B. The round was led by Silver Lake. Of our eight rounds of capital raised, this was the largest and also the simplest. I don’t like fundraising. It takes a lot of time to explain the business to each and…

Over the last year we have been figuring out how to work together from our individual homes and at the same time how, or if, we will return to the office. I have heard from hundreds of Carta employees through small round table discussions, spent hours with our executive team…

I’m super excited to announce the acquisition of YearEnd — a tax optimization and filing product for startup employees. Figuring out taxes for startup employees sucks. Tax services like TurboTax and H&R Block don’t handle ISO or NSO options, AMT, RSUs, or private stock exercises. The tax impact of exercising…