Our Series E and the future of Carta
At Carta, we’re building an ownership network that changes how assets are acquired, valued, and transacted. To propel Carta forward, we just raised our Series E.
CARTA BLOG
Owner’s Manual
Whether you’re getting your first option grant or managing a fund, our blog is the best place to learn about ownership, equity, and the Carta product.
Recently added
The direct listing nobody is talking about
The iHeartMedia direct listing is different than other direct listings and could have a market-defining impact.
What to look for in a 409A report (free sample report)
Not all companies that offer 409A valuations provide the same level of service or detail in their 409A reports. Download our sample 409A report to see what a complete 409A report looks like and help guide your evaluation of 409A providers.
What is vesting?
To encourage employees to stay with a company longer, employees have to earn the right to purchase their shares over time. This is called vesting.
Announcements
Improving the Carta experience for law firms
Learn more about our recent product improvements we made on Carta for our law firm partners.
Meet Carta for Venture Capital
You’ve used Carta to accept securities and access cap tables. Now we’re building fund admin tools that will change the way you run your back office.
Our Series E and the future of Carta
At Carta, we’re building an ownership network that changes how assets are acquired, valued, and transacted. To propel Carta forward, we just raised our Series E.
Data & research
The state of private company financing in 2018
In 2018, tech news has been dominated by seemingly endless stories of another “unicorn” raising a colossal round. These valuations are fueled by VCs raising huge funds earmarked for late stage companies. With increased access to capital, companies find staying private longer increasingly attractive. We decided to take a look behind these headlines and dig into the data.
The Gap Table: Analyzing the gender gap in equity
Much has been said about the gender pay gap, but most publicly available research focuses on only one part of compensation: salary. But in startups, wealth is created through equity ownership on the cap table.
The Carta 100 Index
Tracking the marketwide performance of US private companies and startups is difficult. Private companies are not required to disclose performance or valuation information to the public.
Equity education
What is vesting?
To encourage employees to stay with a company longer, employees have to earn the right to purchase their shares over time. This is called vesting.
What is the $100K ISO limit?
Why you should care about the $100K rule What the $100K ISO rule says The number of shares that first become exercisable in a calendar year; The issue date of the grant(s); and The fair market value (FMV) of the shares when the grant(s) were issued. $100K limit example: A single grant Options granted: 120,000 […]
What are restricted stock units (RSUs)?
An RSU is a promise from your employer to give you shares of the company’s stock (or the cash equivalent) on a future date if certain restrictions are met. Learn more about this type of restricted stock.
Product education
What to look for in a 409A report (free sample report)
Not all companies that offer 409A valuations provide the same level of service or detail in their 409A reports. Download our sample 409A report to see what a complete 409A report looks like and help guide your evaluation of 409A providers.
Improving the Carta experience for law firms
Learn more about our recent product improvements we made on Carta for our law firm partners.
Get option grant and 409A valuation approvals without leaving Carta
Carta already simplifies the option grant and 409A valuation processes for private companies, and now we’ve gone a step further. With our updated board resolutions product, we’re making it even easier to get board approval on option grants, 409A valuations, and any other resolutions or exhibits.
From our CEO
Fund admin is broken
With Carta, VCs can see real-time IRR instead of waiting for quarterly updates, work with our experienced team, and run capital calls and share documents with LPs.
Twenty Minute VC featuring Henry
Two years ago, Harry Stebbings invited our founder and CEO, Henry Ward, on The Twenty Minute VC podcast. We’ve grown a lot since then, and Henry recently joined Harry again to chat about a range of topics.
Work @ Carta, get liquidity
Today, Carta is at a scale where we can offer liquidity every 12–18 months. All employees with vested shares are eligible.
How we work
Closing the gender gap in equity: How to fix historical errors in equity distribution
We want to help other companies address their historical equity imbalances. Here’s how we reviewed our own equity guidelines, and how we approached extending fix-it grants to employees.
A better job offer letter
At Carta, we spend a lot of time figuring out how to better educate employees about startup equity. We realized that the job offer letter itself was a good place to do this, so in 2016, we decided to reinvent the offer letter. Check ours out and download it to use as a template.
Introducing Execute, a podcast about Carta from a former employee
Execute is a podcast documentary about the history of Carta and a blueprint for anyone who wants to build a startup. It covers the ups and downs of fundraising, the cultural challenges that result from scaling headcount, and the overall transition from a small, focused team into a legit, revenue-producing company.
Partner stories
How to add unique value as a small VC fund: Lessons from Sinai Ventures
Focus on your differentiator Leverage your network Partner (don’t compete) with bigger firms Be bold Find efficiencies wherever you can
Tilray’s (regulated) road to IPO: Lessons from one of the first publicly-traded cannabis companies
Tilray is the first Canadian cannabis company to file for an initial public offering on a U.S. stock exchange, raising $153 million at $17 per share. We chatted with Tom about Tilray’s road to IPO, and their decision to choose Carta as a partner on this path.
1stdibs Tender Offer: “Carta did everything”
1stdibs, the world’s largest online luxury marketplace for one-of-a-kind high-end items, utilized Carta for their recent tender offer.
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