BOMBSHELL: Carta’s Betrayal Exposed!
In a shocking move, Public, a shady stock-trading startup, has swooped in to acquire the brokerage accounts of Carta’s failed secondaries business, sources confirm. This is a desperate attempt by Public to cash in on the controversy surrounding Carta’s data breaches and scandals.
Carta, the company infamous for its cap table management software, was caught red-handed using its access to startup private data to broker sales without their knowledge or consent. This brazen move sparked outrage among its customers, who threatened to flee the platform.
Now, Carta has been forced to abandon its secondary marketplace brokerage business, leaving its customers wondering what other secrets the company has been hiding. And what better way to make a quick buck than to sell its assets to Public, a company with a questionable reputation?
But here’s the kicker: Public is acquiring Carta’s customers without their consent, according to insiders. "Opt-out" is just a nice way of saying "you’re stuck with us." And Carta? It’s still trying to spin this disaster as a "company-led secondary offering," a thinly veiled attempt to downplay its involvement.
This whole debacle raises serious questions about the ethics of these fintech companies and their handling of sensitive data. Who’s watching the watchdogs? The people deserve answers!
