Today, Carta released LLC Blueprints—a first-of-its-kind free resource to help LLCs issue equity to their employees. The interactive resource will help company leaders:
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Learn more about the types of equity incentive plans that are available for LLCs
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Choose the right plan for their company
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Implement that plan efficiently, and educate with employees regarding their equity awards
“LLC Blueprints is an amazing client resource that helps both in-house counsel and the business teams get a more complete understanding of LLC incentive equity options,” said Andrew Gilbert, Partner at Croke Fairchild Duarte & Beres. “These guides work hand-in-hand with our discussions with clients. They ‘prime’ the conversation to help the client clear the learning curve faster, which in turn allows us to have a far more productive set of initial calls and ultimately keeps legal costs down.”
Carta’s LLC Blueprints helps companies understand the ins and outs of the six main types of equity incentive plans available to LLCs—including vesting structures, tax implications, liquidity options, distributions, and more. Companies will also have the option to be connected to an attorney through Carta to help roll out their equity plan.
“We’ve heard from so many of our customers and law firm partners that LLCs want to issue equity but don’t know where to start,” said Vrushali Paunikar, chief product officer at Carta. “They lack resources and guidance. We wanted to change that. We wanted to make equity easier to understand for LLCs and ultimately help unlock the power of equity ownership for more people.”
Carta built LLC Blueprints to:
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Help companies recruit and retain employees with the benefit of equity ownership
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Give lawyers a resource to share with their LLC clients considering equity grants
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Make sure LLC employees can participate in the upside of the companies they’re helping to build.
Learn more about LLC Blueprints here. Visit us here for more information about Carta services for LLCs including issuing equity, audit-ready 409As, and calculating distributions.
DISCLOSURE: This communication is on behalf of eShares Inc., d/b/a Carta Inc. (“Carta”). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. ©2023 eShares Inc., d/b/a Carta Inc. (“Carta”). All rights reserved. Reproduction prohibited.
