After taking credibility hit, Carta announces it is exiting the secondaries business: “We have decided to prioritize trust”

TechCrunch
By Connie LoizosJan 8, 2024, 10:30 pm409 ptsTop
Roughly 72 hours after a prominent startup customer complained that Carta was misusing information with which it was entrusted — scaring many of Carta’s tens of thousands of other customers in the process — Carta is exiting the business that landed it in trouble with the customer. Carta co-founder and CEO…

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