🟠 Template variables leave a lot to be desired

I was excited to see that carta had updated their documents sets to allow for customization via variable fields, a feature Pulley, Shareworks, Globalshares and Angellist have had for some time. This is super useful in generating and signing equity documents within the platform.

I was a bit less excited when i saw that the template fields were not hardcoded bracketed terms you could insert into your word doc like in other platforms, but blobs you would have to drag and drop into place on your document and hope it lines up with the text. I was even less excited when i found that their vesting related fields were super lackluster. There is no way to enter a detailed description of a vesting schedule. There is no way to indicate if there is acceleration. I tried to use the custom fields but those bizarrely run off the page instead of having line breaks.

To get around these limitations, I have to create a whole new document for any possible variation of vesting or acceleration, which is understandably frustrating for clients when they try to enter equity grants and have to figure out which of the 10 option grant document sets they should use…