The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Ward: Very few startup executives voluntarily admit reaching their scaling limit
“Very few executives will raise their hand and say they feel like they're tapping out.”
Henry Ward: A late-stage CEO's job reduces to storytelling and executive hiring
“My job increasingly becomes very specialized. And it's really about two things. One is telling our story to candidates, employees, investors, press, and then two is recruiting executives and keeping the right executives in the right place.”
Henry Ward: Seed stage needs rapid decisions; late stage requires precision
“When you're in the early seed stages, making decisions quickly, learning quickly, being active, and making decisions on the front lines with information that you have, and adjusting quickly is an asset. At the later stages, there are fewer decisions to make on…”
Henry Ward: Unexplained decisions are almost worse than no decisions
“Because if you're making decisions and nobody knows why, that's almost worse than not making the decision.”
Henry Ward: Small market size was Carta's biggest investor criticism
“The biggest investor criticism of Carta has always been small markets.”
Henry Ward: Carta serves 10,000 companies, adding 400 monthly
“You know, we have 10,000 companies. We're acquiring about 400 a month today.”
Ward: Carta monetizes investor products to subsidize early-stage founders
“We may look at investor products and say, we can provide a lot of value for investors and we can deliberately decide that we're going to extract a lot of that value too. And the extraction of that value will subsidize other areas where we want to leave more co…”
Early investors criticized eShares for lacking a billion-dollar outcome path
“And that's been true for us for the beginning is that investor criticism of eShares is there isn't line of sight to a big outcome.”
eShares extended its employee equity vesting schedule from four to five years
“We changed our best employee vesting schedule from four years to five years”
Ward: Carta is growing ARR by over 20% at scale
“And now we're, you know, 20 plus percent grower at scale.”
Ward: Carta has 2,500 venture funds and 35,000 startups
“Yeah, about 2500 venture funds, about 35,000 startups.”
Ward: Private equity market size is 6-8x venture capital
“The market size of private equity is six to eight times the size of venture.”
Ward: Carta pivoted from $6K startup deals to $1M PE software
“We started with a sales team that sold, you know, 6000 dollar cap tables to 24 year old founders in hoodies you know, in Soma. And now we're selling million dollar accounting solutions to middle aged CFOs in midtown.”
Ward: I spend half my time leading AI initiatives at Carta
“Today I spend half my time on product and the other half on AI projects at Carta and all the AI projects come in two forms. One is how do we use AI to build differentiated user experiences for our customers? So it's all in the product side. And then how do we …”
Manu Kumar promised seed funding if Henry Ward solved stock certificates
“Manu and I were having lunch one day and he said, you know, I have this problem, this stock certificate problem. I would love for a company to exist to solve it. If you'll start the company, I'll invest in it.”
Ward: Carta tracks operational inputs over output metrics internally
“Internally, I try never to talk about those things cause those are the outputs of the business.
we spend all our time talking about the inputs of the business and what are the various flywheels of Carta.”