Partner Newsletter

November 2021 Law Partner Newsletter

14 April 2022
michael.rojas

Product Announcements

Share compensation bands with your clients with Carta Total Comp

We’ve released an exciting new feature to the Carta Total Comp product that will allow you to easily share compensation data with your clients. Through this new feature, you will be able to pull salary and equity benchmarks for a specific role, level, and region, and then email that information to any recipient directly from the Carta platform. Our benchmarks are built based on aggregated and anonymized dynamic compensation data from the more than 23k companies on the Carta platform and additional external sources.

Next time your client asks you how much they should pay their employees, you will easily be able to provide them with actionable recommendations! | Learn more

Law Firm Direct Access

Thanks to feedback from partners like you, we’ve streamlined the process for law firm users to onboard their clients onto a Carta paid plan. Previously, law firm users were only able to directly add companies to the free Carta Launch plan (for companies with <$1M in funding, or <25 equity-holders). Now, law firm users will have the option to directly onboard any company at any stage in their life cycle. If your client is over the Launch threshold, they will be prompted to enter payment information when confirming their account. | Learn more

QSBS Eligibility for Carta 409A customers

Now, all Carta 409A customers including company admins, investors, and employees will be assessed for preferential tax treatment under the IRS Qualified Small Business Stock provision. Many stockholders on Carta are eligible for preferential tax treatment under QSBS, but without expert advice, it’s impossible to know if they qualify. Carta now notifies stockholders if they may be eligible, now or in the future, to pay zero capital gains on their stock, empowering stockholders to make more informed decisions about their ownership. | Learn more

Investor-Led SAFEs

Following the rapid adoption of Carta’s automated SAFE financings feature for companies, we’re launching a new Investor-led SAFEs product aimed at helping investors save time and overhead while building their consolidated portfolio on Carta. The new automated workflow will allow investors to initiate new SAFE investments all in one place, where you can track statuses, collect company data, and more. 

If you’re interested in learning more, or if you want to sign up for early access, please reach out to us partners@carta.com

Programs & Enablement

New Carta Law Firm User Community: Around the Table

Around the Table, Carta’s new user community, will officially launch on December 6, 2021 for all law firm users. Participants in this program will have access to special training and enablement material and will be able to connect with peers in the industry through our community forum and local meet-ups. | Sign Up

Introducing the Carta Data Desk

We recently launched the Carta Data Desk, a new analytics tool aimed at helping founders, investors, and startup employees navigate the complex world of venture capital with more clarity. Through this tool, you will be able to get key insight on current market trends, valuations by industry, and more so you can provide guidance to your companies. | Explore the data

New Private Market Q3 Report

We’ve released a new report on the State of Private Markets for Q3 2021. Our data shows that the venture capital ecosystem has maintained the frenzied pace of the first half of 2021. In the full report, we dive into key trends including the spike in early stage deals, an increased interest in secondary liquidity, and which venture capital ecosystems are growing most quickly outside of the hubs in California and New York. | Learn more

Liquidity

The latest Carta Liquidity Report is here!

2021 continues to be a banner year for venture capital activity as the demand for secondary transactions continues to grow from companies at all stages across the US. Year-to-date, Carta has completed more tender offers than in all of 2019 and 2020 combined!

Download our latest Q3 2021 Liquidity Report here to read more about Carta’s success in tender offers, and see how we have the expertise to help with your client’s next liquidity event! 

Private market liquidity is gaining momentum

There is a growing momentum in private market liquidity as companies recognize the need to return value to their employees. Carta’s mission is helping companies to not only create more owners but to increase their access to liquidity with CartaX. Read more here.

Carta Cross disclosure for Section 4(a)(7) transactions

Disclosure requirements for private liquidity events can be challenging for startups—and especially for their law firms. We designed a low-touch solution that helps make disclosure easier for Carta Cross auction issuers. Check out our blog post for details.

Events & Webinars

Carta Equity Summit  |Dec 8, 2021from 11:00am-4:00pm PT

Join us at Carta Equity Summit, a free, virtual event gathering the brightest minds in venture and entrepreneurship around the need to expand access to equity ownership. This year, speakers will include Kirsten Green from Forerunner Ventures, Julie Bornstein from THE YES, and more! We’ll have  conversations on the state of equity ownership, as well as panels on raising capital, investment trends, and inclusive innovation. | Register

Investor Services

Gift Tax Valuation Services

We are excited to announce that we are expanding our Gift Tax Valuation services. Along with all Carta Cap Table Clients, we are now offering Gift Tax Valuations to GPs and LPs of Carta’s Fund Administration Clients. Additionally, we are opening our Gift Tax Valuation services to any clients who have holdings in Bootstrapped or VC/PE backed C-Corporations. Reach out to valuations-referrals@carta.com for more information. | Learn more