If you are running an early stage company or if you are an employee at an early stage company or a seed fund – I strongly recommend that you have your CFO/Admin folks adopt Carta for equity and/or fund management.
I wrote a blog post about why Carta is so important a few years ago – link is here. Carta was previously called eShares.
I use Carta myself @ Tamr, more than half of the companies @ Koa have adopted Carta for equity management and I use Carta for the management of the Koa Seed Fund. All of the companies that adopt Carta have the same reaction as I did – “I can’t imagine what we did before Carta.” It really is a no-brainer.
If you don’t believe me – then listen to Fred Wilson @ UnionSquare Ventures also uses Carta and feels the same way that I do – “no brainer” – his post is here.
Hope that you give it a try – totally worth it and I bet you’ll find you can’t imagine what you did before Carta – I know I can’t.
