Carta - Manage Your Equity 4+

This is probably one of the best apps on iPhone. I have been using Carta since an year and the updates that they have had in the last one year beat all others.

I’ve had to use this for my equity shares for 3-4 years. It worked much better and was much easier in the beginning. It has gotten steadily worse. You can’t reset password on mobil. You can sometimes use safari but not always. The information you get now is incredibly sparse. You get non-access messages all the time that you clearly have access to. I’m considering selling my shares just so I don’t ever need to deal with this terribly inefficient system. I’ve never written a review, good or bad. I don’t want to expand my digital footprint. Which brings me to the next point. I shouldn’t need to stand on my head, cough three times and spit nickels to not be tracked, or cookied. All of these San Fran, tech, silicone, companies are trying to fetch stuff I don’t want them to have. These companies are in an arms race to collect as much information and data as they can on us and we should all be concerned. But even if we aren’t. You should hope and pray that your next company isn’t mismanaged with this largely useless app.

A decent app for an quick, at-a glance view of your options, but surprisingly missing two fundamental features: 1) the app does not show your vesting schedule, 2) the app does not show your strike price or current share valuation, so you have no way of viewing your current equity value.

If you only want to know the number of vested options and the total number of options, the app is adequate. I give the app a third star because it has a simulator to show what exercising your options would look like. But it’s pretty surprising that the app is missing two basic things like vesting schedule and strike price.