Carta is building a private exchange, and their CEO alluded to the possibility of using it to raise money in his blog post announcing the trial run. https://he

Carta is building a private exchange, and their CEO alluded to the possibility of using it to raise money in his blog post announcing the trial run. https://henrysward.medium.com/finally-a-private-stock-exchange-cartax-3c658f30ac97 https://henrysward.medium.com/finally-a-private-stock-exchan... Once we have a liquid and active market for our shares, (in our case we have enough liquidity to support ~ $100M of volume per quarter), when we want to raise primary capital we simply sell common shares out of treasury. This is powerful for a couple of reasons. First, we get better price discovery on CartaX than going door-to-door on Sand Hill Road. Second, all shares bought on CartaX are common stock. There is no preferred stock, board seat, or covenants to deal with in a primary. But perhaps most importantly, CEOs and CFOs don’t have to spend months raising money, doing roadshows, meeting with investors, and negotiating termsheets.