"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.