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Maybe the CEO got his cousin from Omaha to be their lawyer or theres been some serious messing around with the captable. Stealth-mode" is generally unecessary and more likely harmful to your startup (and calling it stealth-mode calls you out as a noob). Either way, its a sign that something is amiss.
3/ Carta Just Starting Out: One of the main opportunities for Carta (formerly eShares) is to pick up where CrunchBase left off, but more from the captable as a starting point. 5/ Copycat Culture And Stealth Mode Back En Vogue: I’ve alluded to this above and below, but now when a category gets hot, founders and capital flood it.
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