Carta Launches Celeb-Backed Financial Literacy Classes Male 68% Company-wide: 51% Female 32% Company-wide: 49% Carta Executives by Race Management Team: The most common ethnicity among Carta executive officers is White. Three of them, including a former top operations executive, have sued Carta in the last year, accusing it of wrongful termination. CMO. Walne worked on the launch of CartaX, a marketplace for private company stock and a major expansion of Carta's offerings. Has Been Accused of Treating Women Unfairly, 10 Things you Didnt Know about Arik Shtilman, 10 Things You Didnt Know About Dr. Tom Lin, 10 Things you Didnt Know about Noam Solomon, 10 Things You Didnt Know about Tania Boler, How Jon Bernthal Achieved a Net Worth of $10 Million, 10 Things You Didnt Know about John Donahoe, 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. Borer could not be reached for comment. The problem appears to extend to the companys treatment of some of its customers. TechCrunch. When Carta raised new funding last year, Andrea Walne, head of liquidity solutions, attended the investor meetings because she led the business side of CartaX, an exchange for private stocks that the company was planning. I don't believe in things like that," Han's complaint quoted Ward as saying. 60% of the management team is White. The hope is that by making them into owners, that will enable them to share in that wealth by providing them with a say in what happens. A lawyer for Mr. Borer said that the case had been resolved and that the resolution was confidential. Michael Wu. Carta declined to comment for this story. My guest today is Henry Ward, co-founder and CEO of Carta. But it seems that the issue is way greater than folks in Silicon Valley and past might have realized. Several who TechCrunch interviewed over the last couple of months have expressed dissatisfaction with Carta and the service they have received from its representatives. Carta (software company) - Wikipedia I know its smoke and mirrors.. Im embarrassed that we are part of the problem, Mr. Ward wrote in a blog post about the study. PDF Henry Ward 4/19 CM testimony Some former workers are now pushing back. The most common ethnicity among Carta executive officers is White. [13] Venture firms also use Carta's software to manage their portfolios. The next day, Carta fired one of the women who had spoken up in the meeting. Correction: We erroneously reported in this original story that Carta had accused Talton of sending explicit messages to nine Carta employees; a Carta spokesperson has since made clear that these women are not identified in the lawsuit as Carta employees. L-R: Marvin Coleby, co-founder and CEO of Raise & Henry Ward, CEO and co-founder of Carta. Henry Ward is the company's CEO. Investors use the firms services to efficiently manage their portfolios and streamline their back office activities including valuations, fund administration and scenario modeling. After all, one could make the argument that the theoretical component of computer science is a branch of mathematics. [17] Its customers include Slack, Coinbase, Casper, Tilray and Affirm. Carta, a Silicon Valley darling valued at more than $7 billion, has been embroiled in multiple lawsuits with former employees that named Henry Ward, its CEO and cofounder. On top of this, there was Wards dismissal of a proposal to create an anonymous way for women to report discrimination and harassment without fear of retaliation, which resulted in considerable outrage from the attendees at the meeting.
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