Cap tables are often tracked in spreadsheets, without being updated. Because of this, many cap tables are broken. Carta fixes cap tables.
As we move beyond the cap table market, we've changed our name to Carta. Carta is about creating more owners by mapping and expanding the ownership graph.
On August 31st we acquired the SVB Valuation business and team. This impacts both the former SVBA employees and customers.
Everyone knows the typical hierarchical organizational chart. We tried to map our shadow economy of influencers to find the key people at Carta.
Carta decided to change PTE to coincide with an employee's vesting schedule. This gives Carta employees more freedom when exercising shares.