[bogomipz]

I'm baffled by this figure as well. I've had a couple of jobs at startups that used Carta to manage employee options and the only thing they seemed to do was to send out an email every quarter saying "congratulation you now have this many options vested." They also seemed to have a blog they referenced in some of the emails. So I found the following passage somewhat grandiose:

>"And Carta’s platform had such potential to do good: arming workers with the tools to navigate thorny and unfamiliar tax laws, guiding companies to ensure equal and equitable pay, helping families create and preserve generational wealth."

My impression was that they were kind of the ultimate SV ZIRP creation - a startup that managed other startups (probably) mostly worthless options.