Vrushali Paunikar

We're so excited our latest AI Product Kitchen is live with @artshali, Chief Product Officer at @cartainc! Carta powers >50% of all VC-backed companies and manages $2.5 trillion in equity. Vrushali is leading Carta's product org as they build and scale the ERP for Private Capital. Here's a taste of what we cooked up in the AI Product Kitchen: 1. Data as a gift to your market “We've made almost an explicit choice not to build data products. Most of the data that we have now amassed we are giving back to the market as like a gift back to the ecosystem… we're building for this ecosystem of startups and founders and funders and capital allocators - the best thing we can do is like give back to the ecosystem that helped us become who we are.” 2. Build with AI as a synthesis engine “AI is not about correctness - it's about synthesis. Where AI is best used is not to get to the right answer, but to get to the synthesis of data into insights” 3. Minimise repeated data entry in your product “Never Enter Data Twice - this is one of my building heuristics for my team, which is once the ERP knows something, it's the only time it needs to find that. Everywhere that needs to know that piece of information knows about it.” And sooo many more gems. Links to the ep below 👇 We'd love your feedback as we make every episode spicier and more actionable for you and your product teams!!

Court rules covered companies required to file beneficial ownership information to FinCEN. After a federal court of appeals decision earlier today (Dec. 23), reporting companies are once again required to file beneficial ownership information with FinCEN. However, the deadline for submissions has been extended from Jan. 1 to Jan. 13, 2025—though there is some nuance based on when your company was incorporated, so we encourage you to check the FinCEN website. More details from FinCEN about this update are here: fincen.gov/boi As of today, the FinCEN API that allows Carta to assist with filings is still disabled; the Carta team is prepared and ready to turn on our filing experience as soon as FinCEN re-enables the API. In the meantime, we encourage companies to file Beneficial Ownership Information Reports directly through the FinCEN website: boiefiling.fincen.gov/boir/html We are closely monitoring and will continue to share updates as we receive them. #CTA #BOI #FinCEN

For startups on the path to IPO, your transition from private to public markets should be straightforward and efficient. That’s why we’re excited to announce that @MorganStanley at Work is now our preferred public equity management platform for Carta customers: z.carta.com/3CkuQz8