Carta’s Post

🎬 Get to Know the Carta Fund Admin Team 🎬 Our Fund Admin team brings a wealth of expertise to Carta, making sure our clients receive top-notch support and service. By the time they arrive at Carta, account directors have a minimum of five years of experience in the asset management sector. Our most experienced team members have been in the field for decades. 👤 Megan Greer, Peter von Rosenvinge, Kimberly Cook, Perry Cheng and Matthew Woo featured in this video are just a few of the 400-person Carta Fund Admin team. At Carta, our account directors are your main point of contact, providing comprehensive support and ensuring all your fund administration needs are met efficiently. Watch the video to learn more about their backgrounds and how they can help you succeed with Carta. 🔗 https://lnkd.in/gHQhvg7x #FundAdministration

SAFEs have dominated pre-seed fundraising for years and now they’re used in nearly half of all seed rounds. Why did this happen? Here’s Peter Walker's take: ⏩ Investors got more comfortable with SAFEs at larger dollar amounts, probably due to the introduction of side letters into many deals.   ⏩ The fact that companies now often raised multiple SAFE rounds means that all those investors receive the anti-dilutive benefits of the (post-money) SAFE.   ⏩ Venture hubs across the country followed the Silicon Valley lead towards higher usage of this funding pathway. Priced round vs. SAFEs and convertible notes: Priced rounds require more upfront negotiating and legal involvement than convertibles, but they also give you a clearer picture of how much your company is worth and the ownership percentages of each stakeholder. Convertible notes and SAFEs, on the other hand, offer more flexibility and control if you’re still figuring out where your company is headed. It's crucial for startup founders to understand how SAFEs work, their pros and cons, and what your alternative options are for fundraising—see the link in comments for more on this. #startupfundraising #SAFEs #founders

Meet Clara Pazos, a support analyst on the fund admin team 🤝 The minute Clara finishes one book, she starts reading another which is why she’s traveling everywhere with her Kindle in her bag. “The book reimbursement policy at Carta allows me to continue reading all the time. A book I recently read that I’d recommend people to read is ‘The Guernsey Literary and Potato Peel Pie Society’ by Mary Ann Shaffer and Annie Barrows. This book is the perfect read for someone who just wants to pick up a book to relax. It has quirky characters who love literature, some WWII history, and a bit of romance. I found it heartwarming and inspirational. Happy reading!” Carta’s book reimbursement policy allows Cartans to consume books of all forms and topics, and fully reimburses their cost. Read more about our benefits here:https://lnkd.in/gsunKHUB  📚 #LifeAtCarta #BookClub #BookRecommendation

🎥 Meet Carta’s Account Directors: Your Dedicated Partners in Fund Administration 🎥 At Carta, our commitment to delivering an exceptional client experience is at the core of everything we do. Our account directors play a crucial role in ensuring this by being your main point of contact for all things Carta-related. 👤 What problems do account directors help solve? 🔹 Comprehensive Support: From cash reconciliation to proper booking, your account director handles it for you. 🔹 Quality Delivery: Spend less time on accounting and more time on investing. 🔹 Platform Expertise: Get expert guidance on the Carta platform and tailored updates on new product releases. Your success is our priority. Learn more about how our account directors support you in achieving your goals: https://lnkd.in/gHQhvg7x

The Administration recently proposed its outbound investment rule, which would curtail U.S. investment related to key geographical regions that fund and support the development of key technologies. On this edition of Policy Live, the Carta team will be joined by a special guest, Jesse Sucher, former Senior Adviser to the Assistant Secretary for Investment Security at the U.S. Department of the Treasury, to discuss the rule. In addition to a deep dive on outbound investment, the Policy team will also dive into how the upcoming election will impact the evolving political landscape around private markets, and what it means for you, private funds, and the innovation ecosystem. Join Carta Policy Live at 12 pm (ET) on Friday, July 19 to learn more.

🇨🇦 Oh, Canada! 🇨🇦 We’ve officially expanded our partnership with Deel to include Canada. This integration brings the power of automated global equity compliance to US-based companies with Canada-based employees, making it easier to manage international stock options and equity compensation for globally distributed teams. You’ll get: 🎯 Streamlined Equity Administration: Automatically sync equity events between Carta and Deel, simplifying local tax calculations and compliance. 🎯 Improved Employee Experience: Global employees can now exercise options in their home currencies, reducing delays and complexities associated with currency exchange. 🎯 Efficient Tax Compliance: Deel will handle the intricate details of local tax withholdings and payments, ensuring accurate compliance across multiple jurisdictions. This partnership aims to empower businesses to create more engaged and motivated teams by making global ownership accessible. We're excited to continue our mission of simplifying equity management for companies around the world. Companies using Carta and Deel can activate the Carta integration in their Deel accounts today to automate their global equity tax withholdings (direct link: https://lnkd.in/gi_mAS3M). 🔗 Learn more about our partnership with Deel: https://lnkd.in/gbf63uHx

How is pre-seed funding faring in the VC downturn? What kind of SAFE should I use? What valuation cap should I choose for my business? We get a lot of questions from pre-seed founders. In this week’s solo episode of The Data Minute, Peter Walker uses five charts to answer five questions about pre-seed funding. If you can, watch this episode on YouTube so you can follow along with the charts being shared: https://lnkd.in/gkJfynMy 💡 Subscribe to get new episodes every other week.

Taking on venture capital is one of the biggest decisions you'll make as a founder. These are all real concerns from founders raising VC money—which one keeps you up at night?

Vamos lá, Carta Rio 🇧🇷 👉 We’ve just been named an Inspiring Workplace in Latin America 🎉 Inspiring Workplaces recognizes companies that have created a positive and inspiring workplace and culture for their people. We recognize that our culture is defined by the inspiring Cartans who show up to do their best work each day so this one is for them 🏆 #LifeAtCarta #InspiringWorkplaces