Carta

All venture funds use the ‘2 and 20’ fee structure, right? Not really

Typically, a VC fund's management fee is 2% of AUM, but new data from Carta shows that the 2% figure isn't as universal as you might think.

The pre-seed market is recovering, but investors increasingly have the upper hand

While funding to pre-seed startups has picked up pace, most of the deals being closed are more in favor of investors than the founders.

Here are the most richly valued startup types in today’s early-stage venture market

Don't worry, the answer here is not just "build an AI startup."

Charting the future of the early-stage venture market with Carta’s CEO

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday (Thursday, this week) show where we niche

The best way to avoid a down round is to found an AI startup

More capital went to AI startups in Q1 2023 than in the sequentially preceding quarter. In contrast, non-AI startups saw their capital inflows constrict over the same timeframe.

Down rounds are prevailing as power shifts to VCs again

As the pendulum of power swings back toward VCs, down rounds have become more common than the venture community has seen in nearly half a decade.

Have startup valuations fallen enough to feel sane again?

Let's find out the current premium venture investors are paying for startup shares, and see if we can find anything new compared to 2022 data.

As YC launches new batch, here’s how the early-stage venture market is faring today

Let’s talk median fundraising round sizes and deal values for seed through Series C in the first quarter of 2023.

Ensemble raises $100M debut fund to bet on startup teams — but not in the way you think

The firm uses an in-house data algorithm it hopes will help it find startups that have teams designed to scale — beyond just the founders.

Who markets marketing? This duo started a VC firm to scale what ‘founders are starving for’

Emily Kramer is well known in the marketing world, both for her professional expertise and her voice. The entrepreneur was Carta’s former VP of marketing and made headlines in 2020 when she filed a

Dry powder versus wet powder: The numbers have spoken

Data from Carta seems to confirm that VC funds are opting to support portfolio companies over making new investments: The frequency of bridge rounds boomed during the last quarter of 2022.

Frank-ly, the Kardashian method won’t work for SBF

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Natasha was joined by Mary Ann Azevedo and Rebecca

Carta lays off 10% as CTO lawsuit looms

Carta, an equity management platform that was last privately valued at $7.4 billion, has cut 10% of its staff, confirming earlier rumors that a workforce reduction was going to happen. Judging by Link

Carta, previously sued for gender discrimination, is now suing its former CTO

Carta, the 11-year-old, San Francisco-based outfit whose core business is selling software to investors to track their portfolios, has sued its former CTO, Jerry Talton, who the company says was fired

A wave of late-stage startups quietly marked down their valuations in Q3

More than 150 startups received a lower 409A valuation in Q3, which prompted them to re-price their employee stock grants.

Are tech valuations artificially low, or are we simply returning to reality?

How conservative are today's valuations when compared to the norms of recent years?

Series C is the new venture-startup bottleneck

New data from Carta indicates that Series C is the current, and real, bottleneck in Venture Land, which means that this is the new crunch point for startups looking to raise their next tranche of cash

The power pendulum is swinging back to employers, isn’t it?

We talked with entrepreneur Nolan Church about the layoffs sweeping across the tech workforce -- and how to handle them better.

Canada’s seed market set a record in Q2. Why is the US starting to retract?

Canada's seed market is heading up and to the right, which is not something that can be said about the U.S.

Call it venture farming season, because seed rounds are kicking butt

It's still a founder's market. Especially for seed.
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