The talks come as Carta is firing employees, making it the latest technology startup to shrink its workforce during the coronavirus pandemic.
| less than a minute read
Carta said to to raise as much as $200 million at $3 Billion Value
Startups have been hit particularly hard during the crisis. An estimated 23,000 employees were let go at 241 startups since March 11, when the the coronavirus was declared a pandemic. That figure comes from Layoffs.fyi, a tracker that measures publicly announced job cuts. The actual total is likely far higher because not all companies have made public announcements. San Francisco-based Carta counts Marc Andreessen, a co-founder of venture capital firm Andreessen Horowitz as a backer and board member. Carta, previously known as EShares, declined to comment further.
