The Cap Table on The Full Ratchet Podcast

Note that this was recorded when the company was called eShares, before the name change to Carta.

John Buttrick (Partner at USV, Board member and lead Series A investor at eShares) and I went on The Full Ratchet podcast to talk about cap tables with host Nick Moran (no relation!).

Listen on Spotify to Part One and Part Two

Web “transcript” to Part One and Part Two

John Buttrick of Union Square Ventures and Sean Moran of eShares join Nick to cover The Cap Table.

In this two-part episode, we discuss:

• What a cap table is and what to expect on most cap tables
• Common issues when reviewing a cap table
• Why there’s a need for an automated solution
• The value for investors of a clean and potentially automated cap table
• The startup’s perspective on cap table management
• Employee equity and transparency
• The market opportunity for cap table software
• Data opportunities in private company ownership