> I had joined as a Director with a single direct report, been promoted three times in two years to Chief Technology Officer, and then led engineering through a period of unprecedented growth to a team more than 400 strong.
Carta had a 400 person engineering team?
I know they raised a lot of money, but this seems like a lot of engineers for what I thought they did. Maybe they were exploring a lot more functionality than I’m familiar with.
At one point Ward was talking about taking out the global banks. Carta raised too much money and then didn’t know what to do with it.
>"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.
My take was that — like many companies — it takes more people than you expect to untangle a Python 2.7 monolith. They also seemed to move somewhat slow and steady by design.