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What happens to Carta now?
If a noticeable chunk of Carta startup and venture customers do leave, it would hurt the company's otherwise impressive revenue figures, but that seems unlikely to happen.
Cap table management startup Carta has been dealing with a PR nightmare for the past couple of days. But the company’s clients — investors and startups — may not love that there was a pretty blatant breach of ethics and violation of privacy at a provider that houses some of their most sensitive data. My colleagues Alex Wilhelm and Anna Heim also wrote Tuesday morning that the company’s growth over the last few years has been promising, even without the secondary markets business.
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