Carta: VC deals are stalling at seed, with the Series A deal count falling by 79% between Q1 2022 and Q1 2025; 46% of seed deals were bridge rounds in Q1 2025
Top of the Morning — Venture capital's series progression is stalling at seed, according to new data released this morning by Carta.
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years
LPs are often invested in multiple firms which hold the same company and have an 🦅👀 into this Dave Kellogg / @kellblog : Hunker, baby, hunker [embedded post] LinkedIn: Katie Roof : Wrote something for...
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years
The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects. Bluesky: @kellblog and @katieroof LinkedIn: Katie Roof , Erika Ha...
Carta data shows that 966 US-based startups shut down in 2024, compared to 769 in 2023, with enterprise SaaS startups accounting for 32% of the closures
Mary Ann Azevedo / TechCrunch : LinkedIn: Mary Ann Azevedo LinkedIn: Mary Ann Azevedo : “The working hypothesis is that VCs as an asset class did not get better at picking winners in 2021. In fact, ...
Carta says 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds from the 2021-2022 boom run out
Private company shutdowns jump compared with last year despite AI funding frenzy, threatening millions of jobs at VC-backed firms
Carta: tech startup workers are receiving 37% less equity in their companies on average compared with 18 months ago; average salaries are down 0.2% since 2022
Tabby Kinder / Financial Times :
In a countersuit, Carta's ex-CTO Jerry Talton accuses CEO Henry Ward of misusing company resources and claims he was fired for expressing concerns to the board
- Suit is separate from scandal over Carta's use of company data — Financial technology startup Carta was hit with a fiery lawsuit …
Carta plans to close its liquidity services business, which matched private company stock buyers and sellers, as people will “worry that we are using the data”
Carta has decided to close its liquidity services business, which matched buyers and sellers of private company stock, Axios has learned.
Carta is investigating an “internal breach of protocol” that affected Linear and two other companies, where an employee contacted someone “on the cap table”
Anne VanderMey / Bloomberg :
Linear's CEO, who uses Carta to manage Linear's cap table, says Carta tried to sell Linear shares without his consent; Carta's CEO blames a rogue employee
“This might be the end of Carta as the trusted platform for startups” — Carta, an ambitious 12-year-old Silicon Valley outfit …