Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets cover image

Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets

Carta CEO Henry Ward on the Ownership Era and what it means for the future of private markets

Dec 20, 2022
Henry Ward, CEO and co-founder of Carta, discusses building a category-defining company for private markets, being a 'plate spinning company' with network effects, and the future of private market liquidity. They also explore the concept of equity ownership, the impact of data on private markets, and the importance of building an ethos of equity ownership.
54:17

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • CARTA aims to revolutionize private markets by creating a centralized database for stock ownership, providing easier access to equity ownership.
  • CARTA prioritizes equity ownership, empowering employees to become investors in private markets and fostering a culture of ownership.

Deep dives

CARTA's Mission to Revolutionize Private Markets

CARTA, founded by Henry Ward, aims to revolutionize private markets by creating a centralized database for stock ownership. They saw that the public markets operated efficiently and seamlessly, while the private markets relied on paper stock certificates and contracts. Their solution was to build a cap table platform that captured all private stock ownership in one centralized database. This idea was born out of the need for infrastructure in the private markets and the desire to provide easier access to equity ownership. By starting with cap table management, CARTA expanded its services to include 49a valuations, fund administration, and compensation benchmarking. Their goal is to create a stock market that works for all types of companies based on their liquidity needs.

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