"Carta CEO Investigates Allegations of Unethical Share Trading"

Carta, a Silicon Valley cap table management company, is accused of unethical behavior by a startup founder after a Carta employee reached out to an angel investor in the startup without consent, attempting to facilitate a secondary sale of shares. The founder accused Carta of misusing sensitive information and engaging in unauthorized outreach to investors. Despite Carta's apology and claims of an isolated incident, the founder and other affected parties remain skeptical, with concerns about the company's handling of customer data and its business practices. This incident adds to a series of bad publicity for Carta, including previous lawsuits and allegations of gender discrimination.
- Carta, the cap table management outfit, is accused of unethical tactics by a prominent startup TechCrunch
- Carta CEO Says Startup Is Investigating Email About Share Sale Bloomberg
- Carta CEO says company is investigating customer allegations of self-dealing with confidential information Fortune
- Recapping the Carta drama Coverager
- Carta customers say platform tried to trade their shares without consent Financial Times
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