Pulley, a Carta rival, is shutting down
Pulley, a cap table management platform backed by General Catalyst, Stripe, and Founders Fund, announced it will shut down in December.
MAIN POINTS
- Pulley is a cap table management platform.
- The company has backing from General Catalyst, Stripe, and Founders Fund.
- It announced plans to close shop in December.
- The shutdown marks the end of its operations.
TAKEAWAYS
- The company’s closure is official and time-bound.
- High-profile investors did not prevent the shutdown.
- Cap table management is the business category Pulley operated in.
- Customers and users should prepare for the platform’s discontinuation.