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Software Engineer  

Carta valuation cut from $8.5B to $2B in secondary sale

Henry Ward the ceo posted earlier this year with revenue of $370M across captable management, fund administration, and other products.

This is a heavy blow amidst all the bad PR they've gotten too over time
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eightysixerSoftware Engineer  
Most of the juice was in a product they wanted to launch where they'd allow people to sell their equity stakes pre-IPO - that's a product nobody really has, and they were in a unique position to facilitate those transactions on a scale nobody else could match. But then they fumbled the bag on that by breaking customer trust, and announced they would permanently stop pursuing that product.

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