Hacker News Reader

Techcrunch wrote an article in May 2019 about Carta raising a Series E. They also reported an annual revenue run rate of 55 million with nearly 600 employees. That's less than 100k per employee. I'm not sure if Carta's profitable.

https://techcrunch.com/2019/05/06/carta-was-just-valued-at-1...

View on HN

I have no doubt that they aren't profitable and will need to raise additional money.

May 2019 gives some grips to the timing though; A 2 year expansion runway on a raise is pretty standard, so while they will likely be talking to investors this year, if they limit expansion, they should presumably be safe through 2021. But how much will their business growth metric be impacted; restaurants and face to faces weren't their business, but technology companies, and most likely those near or over a year old who have raised a round.

Reply on news.ycombinator.com