Steven Kakowski

Steven Kakowski's articles

Steven has significant equity industry experience in a variety of roles. He likes to write in his spare time and lives in the still-bohemian enclave of North Beach in San Francisco.

Equity 101 - Equity Basics for Founders

The following is an introduction to equity, stock options, and cap table management for founders. Understanding and managing equity can be daunting and confusing. With...

Education
Steven Kakowski

Carta's M&A Exits: 2017

In 2017, more than forty Carta clients exited through a merger or an acquisition. Half of the buyers were public companies and included Amazon, Google,...

Education
Steven Kakowski

1stdibs Tender Offer: "Carta did everything"

Earlier in 2017, 1stdibs ran its tender offer through the Carta platform. In the video below, members of 1stdibs’ finance team discuss how seamless the...

Interviews
Steven Kakowski

How Carta helps with an IPO

After a tepid 2016 for new public stock listings, IPO volume has picked up slightly in 2017. But despite the recent underwhelming performances of newly-listed...

Education
Steven Kakowski

How Carta helps with M&A

In the North American market, 2015 and 2016 were record-setting years for merger and acquisition activity. While 2017 has not been as active, private companies...

Education
Steven Kakowski

The Carta 409A Valuation Process

One of the most important aspects of the 409A process is trust. Many competitors obscure the process they use to determine their valuations; at Carta,...

How We Work
Steven Kakowski

What is vesting?

Vesting Basics A stock option gives an option holder the right to buy a set number of shares at a fixed price. To encourage employees...

Education
Steven Kakowski