FinTech news in AngelList Venture category

As RUVs have grown, Kohli explained, founders asked AngelList Venture for a better way to look at RUVs within their cap tables; of course, that’s difficult if AngelList doesn’t host cap tables to begin with. Stack Equity Management charges companies based on team members, while Carta charges companies based on stakeholders, aka investors, on the cap table. AngelList claims that stakeholder-based equity management software means that people on your cap table can cost you hundreds of dollars per year, despite their position in your company not changing. When asked about how this product helps AngelList Venture compete with Carta — which acquired its own AngelList-type startup last month — Kohli said that he doesn’t have anything new to add.