Carta’s valuation will be cut by billions in an upcoming secondary sale

Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the offering […] © 2024 TechCrunch. All rights reserved. For personal use only.

Jun 7, 2024 - 05:30

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Carta’s valuation will be cut by billions in an upcoming secondary sale

Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the offering […]