Some VCs will withhold investment until you use a product like Carta or Pulley. ... | Hacker News

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		foooorsyth on Jan 9, 2024 \| parent \| context \| favorite \| on: Carta to exit secondary trading business Some VCs will withhold investment until you use a product like Carta or Pulley. Cap table in Excel carries major risk. (And yes, Carta/Pulley are often portcos of those VCs pushing you to use them)

kenneth on Jan 9, 2024 [–]

As a seed VC, I still see a majority of Excel cap tables over Carta. (Pulley / Shareworks is even rarer).

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