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