Carta

Celebrating our recognition on the Forbes #Cloud100 list today. 🥳 We’re honored to be included alongside so many of our partners and customers. Congrats to you all. A big thanks to Forbes, Bessemer Venture Partners, and Salesforce Ventures for the recognition.

With venture capital tightening and economic uncertainties on the rise, how should founders manage their financial health to ensure longevity and growth? In the latest episode of The Data Minute, we welcome Waseem Daher (Cofounder and CEO, Pilot.com) to dive into all things finances for startups, including data from Pilot’s founder salary report. Together with Peter Walker (Head of Insights at Carta) they’ll cover: ⏩️ Runway management ⏩️ Calculating founder & team salaries ⏩️ Planning for the larger economic environment 📺 Stream the full episode here: https://lnkd.in/gvwwtide 📪 Make sure to subscribe so you don’t miss an episode. #founderjourney #startuplife #foundercomp

Fewer IPOs can lead to fewer compensation negotiations for equity. Hiring at startups is down and compensation trends are shifting, so it's a perfect time to hear from an expert that advises many startup founders at New Enterprise Associates (NEA). Darcy Casarella, thank you for sharing insights like this one with our Data Minute podcast listeners. 🎧 All episodes available here: https://lnkd.in/gkgSUtTF New ep drops on Monday!

Are you looking to invest into APAC and the Middle East? 🌍 Join our upcoming virtual event, "GP Secrets: Fundraising & Investing in the Middle East & Asia Pacific," on August 14 at 3pm SGT / 10am AST. This event will feature industry leaders sharing their expertise on key investment corridors and dynamics in this region. 🗣️ Speakers: - Michael Lints, partner at Golden Gate Ventures - Eddie Thai, co-founder and GP at AVV (Ascend Vietnam Ventures) - Josephine Koh, director of Fund Administration at Carta 🌟 Why Attend? - Hear fundraising and investing strategies in the region from top GPs - Gain insights on the strategic investment corridors we have been seeing - Learn how to build and expand your presence in the Middle East 📅 Date: August 14, 2024 🕚 Time: 3pm SGT / 10am AST Don't miss this opportunity to elevate your fund strategies! Register now: https://lnkd.in/gwufiuMs #VentureCapital #InvestmentStrategies

If you *had* to pick one...

2023 was not an easy time to raise, with seed round deal count down 27% year-over-year, according to Carta data. Defying the odds, dataroomHQ, a platform that enables investors to evaluate companies, and companies to report and analyze their metrics, announced a $3.5M round, led by Oceans and Bling Capital, with Garuda Ventures, Cortical Ventures, and others joining the round. Founder Jeff Schwartz shared insights into the company’s fundraising journey and how they navigated the current market conditions: https://lnkd.in/guDYq6R2 We cover: ⏩ How a cold LinkedIn message led to an unanticipated term sheet ⏩ Filling out a round when a fundraising opportunity surprises you  ⏩ The decision to spend 1.5 years on R&D alone to build a “minimum remarkable product” and use that product to raise a round  ⏩ Using a product demo as the ultimate pitch Congrats to Jeff and the entire DataroomHQ team on your seed round! 🎉

🌅 How do our Account Directors start their day? 🌅 Everyone agrees that caffeine is a must, then it’s straight to ensuring client needs are met. 🔹 Check emails and Slack messages to address client needs promptly 🔹 Prep for client meetings to ensure every interaction is valuable 🔹 Prioritize time-sensitive tasks to keep everything running smoothly At Carta, we’re committed to providing exceptional service and support from the moment we start our day. Watch the video to get a glimpse into the daily routine of the Carta Fund Admin Account Directors. Learn more about how our account directors support you in achieving your goals: https://lnkd.in/gDfye8Rs #ClientExperience #FundAdmin #VC

As we approach the presidential and congressional elections in November, understanding the potential impact on private market regulation is crucial. Join us on Wednesday, July 31 for an insightful discussion with Anthony Cimino and Holli Heiles Pandol from Carta’s policy team and Brian McGuire, Policy Director at Brownstein Hyatt Farber Schreck. 📅 Date: Wednesday, July 31   🕒 Time: 10am PT / 1pm ET Policy is infrastructure. From tax reform to private market regulation, the upcoming elections will influence private market policy outcomes that impact how funds and small businesses operate. Carta’s Policy team will preview how the elections could shape key issues. Discussion highlights: ✅ Key policy areas to watch in 2025, including tax reform and capital market regulation ✅ How funds and small businesses can best navigate the shifting political and policy landscape ✅ How Carta and other private market leaders are engaging to drive the policy debate Don't miss this opportunity to gain a comprehensive understanding of the evolving political landscape and its implications for private market regulation. 🔗 Register Now: https://lnkd.in/eyXfiZ_E #PrivateMarkets #Regulation #Policy #Election2024 #CapitalMarkets #TechPolicy #TaxPolicy

👟 Venture-backed founders: you're in a marathon, not a sprint 👟 Sharing data on the journey from incorporation to key funding milestones. The charts below show the time to primary rounds for software startups. 🌱 𝗦𝗲𝗲𝗱 (includes priced seed rounds & SAFEs over $2M) ⏩️ Median: 1.8 years from incorporation; up 15% from 2019 🔄 𝗦𝗲𝗿𝗶𝗲𝘀 𝗔 ⏩️ Median: 3.1 years from incorporation; up 10% from 2019 ⏳ 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 ⏩️ Median: 4.7 years from incorporation; up 16% from 2019 📊 𝗦𝗲𝗿𝗶𝗲𝘀 𝗖 ⏩️ Median: 6 years from incorporation; slightly down from 2023 📈 𝗦𝗲𝗿𝗶𝗲𝘀 𝗗 ⏩️ Median: 8.1 years from incorporation Key takeaways ⤵️ 1️⃣ Startups are staying private longer. 2️⃣ Skipping stages is common. Progress can leapfrog us from seed to Series B. 3️⃣ Choose your co-founder(s) wisely. You may be building together for a long time. #VentureCapital #StartupGrowth #FundingMilestones #Entrepreneurship #StartupJourney

📊 State of Startup Compensation, H1 2024 📊 A few highlights from our latest report ⤵️ 1️⃣ Dynamic Movement: Over 60,000 hires and departures in the first four months of 2024 reflect a bustling startup landscape.    2️⃣ Geographical Shifts: Increased compensation in metro areas like Atlanta, Cincinnati, Pittsburgh, and Sacramento showcases changing compensation dynamics. 3️⃣ Salary Trends:    - Average salaries have held steady since late 2023.    - Significant increases for entry-level roles, while senior roles saw marginal changes. 4️⃣ Equity Packages: The average size of equity packages for new hires has stabilized after a significant decline in 2022 and 2023. 5️⃣ Hiring Trends:    - January 2024 saw fewer new hires compared to previous years.    - The total net headcount has remained flat, with notable growth in the energy, medical devices, and hardware sectors. 6️⃣ Layoffs and Departures:    - Layoffs have decreased significantly, with a 38% drop since January 2024.    - Voluntary departures have also seen a steady decline. 7️⃣ Company Composition:     - Less than 3% of venture-backed companies are at Series D or later, yet they account for 25% of headcount. At Carta, we leverage vast amounts of data from over 43,000 startups to bring you actionable insights. 📥 For a deeper dive, download the full report now: https://lnkd.in/gJ-p8gtV #StartupCompensation #StartupEcosystem #HiringTrends #EquityCompensation #SalaryTrends