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Episode 82

How Carta Built a Legal Team from Scratch & Scaled 10X with April Lindauer, GC

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In this episode

Host
Tyler Finn
Head of Community & Growth, SpotDraft
Guest
April Lindauer
General Counsel, Carta

Summary

Introduction: 0:00

  • April Lindauer, General Counsel at Carta, joins the podcast.
  • Leading legal for a financial services platform.
  • Previously working as compliance officer at Assurant, in-house lawyer at Encore Capital Group, and more.

Joining Carta and overseeing tremendous growth: 1:58

  • April on being compelled by a strong mission.
  • Working with former team members.
  • Hiring staff that can work closely together.
  • Moving from traditional industries into tech start-ups.
  • Building from the ground up.

Cultivating a career in financial services: 4:10

  • April on her legal internship at FINRA. 
  • Working at a quasi-regulator.
  • Tackling a broad swath of financial matters.
  • Finding a great mentor.

Carta’s growth from 200 employees to 2000: 6:26

  • April on joining as they launched a new product.
  • Taking on all legal services then hiring specialists.
  • Managing legal, compliance, and risk.

Transitioning from deputy general counsel to general counsel: 8:23

  • April on learning curves.
  • Building out legal operations.
  • Hiring a team of paralegals.
  • Getting buy-in from the CEO and CFO.
  • Selling the legal team on operations.

Hiring for a global legal team: 12:30 

  • April on making purposeful decisions.
  • Utilizing roleplay scenarios to test decision-making.
  • Hiring during the pandemic.

Navigating the GC role during the COVID-19 pandemic: 14:34

  • April on Carta’s huge pandemic-era bump in growth.
  • Prioritizing time on Zoom with team members.
  • Scaling remotely.

Working with the executive team to make tough decisions: 16:57

  • April on allowing the CEO to set the tone.

Working with financial regulators: 18:22

  • April on openness and transparency.
  • Working with outside partners.
  • Advice to compliance professionals.
  • Managing a patchwork of global laws and regulations.
  • Building teams in Luxembourg and Singapore.

Leading legal through multiple financing rounds: 22:21

  • April on the necessity of great external partners.
  • Selecting future board members and advisors.
  • The role of legal in international expansion.

Leveraging Carta’s wealth of data: 24:21

  • April on releasing regular data reports.
  • Offering a picture of the venture world.
  • Demonstrating diversity and lack thereof.
  • Ensuring that employees are paid equitably.

Rapid-fire questions: 27:48

  • April’s favorite part of the day-to-day.
  • Professional pet peeves.

Book recommendations: 29:00

  • Born Standing Up by Steve Martin.
  • All Fours by Miranda July.

What you wish you’d known as a young lawyer: 30:36

  • April on non-linear career paths.
  • Following your interests and taking chances.

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