Stock-trading startup Public has acquired the brokerage accounts of Carta’s secondaries business, TechCrunch has confirmed. Carta, best known for its cap table management software, sits on a stockpile of data. It tried to expand into the bubbling hot secondary marketplace brokerage business, but in January, a startup customer publicly accused Carta of using the startup’s […]
Carta’s valuation will be cut by billions in an upcoming secondary sale
Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $ 2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the […]
Carta’s missteps and real estate fintech’s up-and-down week
Welcome to TechCrunch Fintech (formerly The Interchange)! In this edition, I’m going to look at some hits and misses in the real estate fintech space, Carta’s missteps (again), and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here. The […]