2024-01-09
Today we decided to exit our secondaries business and focus on founders. There should be no perceived conflicts of interest, founders will always come first at Carta. https://link.medium.com/...
Axios
Carta plans to close its liquidity services business, which matched private company stock buyers and sellers, as people will “worry that we are using the data”
Carta has decided to close its liquidity services business, which matched buyers and sellers of private company stock, Axios has learned.
2024-01-08
Karri, you are free to share our conversation. What I remember is that you appreciated we made a mistake that affected you and two other companies. Thank you for understanding. 🙏 We fucked up and I'm sorry we fucked up. I hope you will forgive us.
TechCrunch
Linear's CEO, who uses Carta to manage Linear's cap table, says Carta tried to sell Linear shares without his consent; Carta's CEO blames a rogue employee
“This might be the end of Carta as the trusted platform for startups” — Carta, an ambitious 12-year-old Silicon Valley outfit …
@karrisaarinen @cartainc Hi Karri and everyone, I'm appalled that this happened. We are still investigating but it appears that Friday morning an employee violated our internal procedures and went out of bounds reaching out to customers they shouldn't have. Henry
TechCrunch
Linear's CEO, who uses Carta to manage Linear's cap table, says Carta tried to sell Linear shares without his consent; Carta's CEO blames a rogue employee
“This might be the end of Carta as the trusted platform for startups” — Carta, an ambitious 12-year-old Silicon Valley outfit …
@karrisaarinen @cartainc This impacted Karri's company and two other companies. We have contacted the other two companies and are continuing to investigate. If you have any other information please reach out to me directly at henry.ward@carta.com to let me know while we continue our investigation.
TechCrunch
Linear's CEO, who uses Carta to manage Linear's cap table, says Carta tried to sell Linear shares without his consent; Carta's CEO blames a rogue employee
“This might be the end of Carta as the trusted platform for startups” — Carta, an ambitious 12-year-old Silicon Valley outfit …