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Carta CEO Says Startup Is Investigating Email About Share Sale

Carta CEO Says Startup Is Investigating Email About Share Sale
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Carta CEO Says Startup Is Investigating Email About Share Sale

Carta CEO Says Startup Is Investigating Email About Share Sale
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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Carta: Carta CEO says startup is investigating email about share sale

The tiff began on Friday when Karri Saarinen, CEO of software startup Linear Orbit Inc. and a customer, posted a complaint that Carta had used its knowledge of the companys investors to approach one of them via email about selling Linear shares on the secondary market.

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Carta is investigating an "internal breach of protocol" that affected Linear and two other companies, where an employee contacted someone "on the cap table"

The chief executive officer of Carta Inc. said the startup was investigating customer allegations that it misused their data while also accusing the customer…

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