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LTSE shutters cap table management business (formerly captable.io)

equity.ltse.com

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Re: LTSE shutters cap table management business (formerly captable.io)

#6

Post by swyx »

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.

Re: LTSE shutters cap table management business (formerly captable.io)

#8

Post by mrobins »

swyx wrote: post #6

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…

Title edited for clarity

Re: LTSE shutters cap table management business (formerly captable.io)

#9

Post by lopatin »

So LTSE is like a private investors club for companies with "long term purpose"? But as the FAQ says the companies have to already be listed on the NYSE or Nasdaq. So if you can access LTSE trading, you'll be able to arbitrage the stocks, which sounds completely antithetical to the idea of LTSE but how do they stop it?
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