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editorialized title. this reads like "the LTSE is shutting down" whereas its basically LTSE getting out of their cap table business confusingly called "LTSE Equ
by swyx 3y ago
editorialized title. this reads like "the LTSE is shutting down" whereas its basically LTSE getting out of their cap table business confusingly called "LTSE Equity", presumably following the Carta drama of a few weeks ago. core LTSE business is fine.
it's also noteworthy that their chairman/founder Eric Reis is now also cofounder of Answer.ai, so perhaps his personal focus is shifting a bit? idk, probably reading too much into a chairman's activities vs company focus.
- shreezus 3y agoI feel like they could have spun it off separately (especially given what's going on with Carta).
- mrobins 3y agoTitle edited for clarity
- swyx 3y agooh thats nice of you! tip of the hat
- benplumley 3y agoYou've landed on an excellent garden path sentence, as shutters, cap, and table are all both nouns and verbs!
- deleted 3y ago[deleted]
- hdmoore 3y agoThe sell-off of captable.io/LTSE Equity was announced to customers a couple months ago, predating the Carta drama (but many folks picked LTSE specifically because it wasn't Carta).
- mrobins 3y agoWas it? I’m a customer and I didn’t get any emails prior to this announcement.