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What is CartaX's long-term vision and how does it factor into companies' decisions to either go public or simply remain on the platform?

James McGillicuddy

Co-founder & CEO at BRM

Yeah, well, I just want to be very, very upfront with, we didn't build CartaX so people never have to go public. I would hate for that to be the prevailing reason why people think that. We believe that it's , once again, a glide path for folks that want to go public, it helps them get up to speed on what disclosures are, get up to speed on corporate governance, et cetera, et cetera.

So once again, just want to dispel that we think it's just a platform, never go public, just use CartaX, stay private. That's not the world that we envisioned. But we do think that, for the companies that are living in that kind of a gray area between public and private, that this is the platform to make sure that they can provide liquidity to their shareholders while still aggressively investing in the business in a way that a private nonreporting companies allow you to do, which is not having to report to the street  and things of that nature, not having activist investors, not having short sellers, things of that nature.

Find this answer in James McGillicuddy, head of strategy at Carta, on building an issuer-centric platform and investing in secondaries
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