Henry Ward

Henry Ward's articles

Henry is the ceo of Carta.

Carta - Ownership Management

We outgrew eShares so we renamed ourselves Carta. Let me explain why. A bigger market Ultimately property rights and personal rights are the same thing....

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Henry Ward

Carta is now a qualified custodian

Carta Securities LLC is proud to announce that we are now a Qualified Custodian for Registered Investment Advisors (RIA) under SEC Rule 206(4)-2....

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Henry Ward

Carta acquires Silicon Valley Bank Analytics

On September 1st we acquired Silicon Valley Bank's valuation business and team (Silicon Valley Bank Analytics or SVBA). This impacts both the former SVBA employees...

Henry
Henry Ward

The Shadow Organizational Chart

Like every company, we have a hierarchical org chart with me at the top. It looks something like this: I have long felt there is...

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Henry Ward

Investors vs Employees

When I arrived in Silicon Valley in 2010, I was told standard employee option pools were 15% of the post-money fully diluted. A couple of...

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Henry Ward

PTE = Vesting

Most companies use the default Post-termination Exercise (PTE) periods from their law firm’s equity documents. PTE periods are 90 days or less because option...

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Henry Ward

IQ and EQ

Part 1 Once a month we have Company Day at Carta where I present monthly financials and discuss a topic that’s been on my...

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Henry Ward

Founders Wanted

At Carta we split the organization into four business units operating their own P/L. This post is about why we created our business units,...

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Henry Ward

A Manager’s FAQ

In addition to 1-on-1s with Carta managers, I host a monthly management discussion to share challenges, successes, failures, and lessons learned. I am often asked...

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Henry Ward

A Better Offer Letter

At Carta we spend a lot of time thinking about how to better educate employees on startup equity. Even new hires at Carta often don’...

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Henry Ward

How to Hire

Below is an excerpt from a talk I gave at the Carta Town Hall in November 2015. I hope it is helpful to other CEOs...

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Henry Ward

Carta 101

All Carta employees (new and old) take a full-day course called Carta 101. It is an introduction to our company, our values, and our execution...

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Henry Ward

Carta Series A

I’m sorry this blog is 6 months late. But I will share it anyway in the hopes it will help founders currently raising a...

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Henry Ward

Fixing 409A

This is a call-to-action for Venture Capital, Auditors, and the IRS to fix the burden on startups caused by IRS Code Section 409A. I start...

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Henry Ward

Broken cap tables

We see a lot of cap tables at Carta. For every new company we onboard we clean up the table and verify it against the...

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Henry Ward