September 10th, I was leaving work around 4.30 and that tomorrow never came because the building class. And then I began to have like nightmares about what would have happened to me if I was in that building. I thought about how important life is and it's all about carpetian because tomorrow never, my never come.
And ultimately that decision was made when lemon brothers went bankrupt because I realized I spent my whole entire 20s creating these toxic securities and that's when I realized okay I need to do something good for the world.
Finally in 2013 I cleaned my job, drive across the country to get a job in Silicon Valley. My name is Gina Kim and I worked in Silicon Valley for about 10 years. Part to that I was a Java programmer and investment banker and lemon brothers.
What I focused on is helping startups grow in terms of customer journey and go-to-market strategy and helping them also with just growing their customers. So I started my career as a Java programmer at lemon brothers in 2000. From there I moved to the banking side in 2005 when there was a huge real estate boom in the US at first.
That seems really exciting. They give you six-figure salary. They take you out to this amazing event. You go to basketball games and they have a private room for you, etc. But I think that the excitement kind of wears off.
First thing in the morning I would come in, I would review the mortgage loans, then I would just create this financial model and create a presentation for the senior bankers and then they are the ones that are making decision. Nobody is telling me okay Gina what do you think about improving the process? No one is asking for my opinion. All basically my focus is not making a mistake when I'm entering information about the loans.
Yeah so September 10th I was leaving work around 4.30. My manager at the time saw me leaving and he said where are you going? Do you think this is half day? He was joking. We had a very good relationship and I told him it's okay I'll finish the work tomorrow and that tomorrow never came because the building class and at the time I was working on 4 years 4. And then I began to have nightmares about what would have happened to me if I was in that building.
I thought about how important life is and it's all about carpeting because tomorrow never my never come.
我想到了生命的重要性,它关乎整个人生,因为明天也许永远不会到来。
So in 2008 one of my co-workers decided to quit and this was like even before the whole bubble popped. I asked him you know why do you want to quit and he said I'm actually starting a company with one of my co-founders. His name was John Zimmer and he's the CEO of Lyft. So when John told me about that, the first I was really shocked because John to me was really a quiet guy or he didn't seem like someone who would make that kind of dramatic decision.
The second thing was that at the time Lehman Brothers was still a great job to have. I just didn't understand why he would just give up all that. Later also I heard at the interview that he used to actually drive to Cornell every weekend to talk to students about trying out his startup and ultimately that decision was made when Lehman Brothers went bankrupt because I realized I spent my whole entire 20s creating these toxic securities and investigators actually called me and said can you testify at the court for Lehman Brothers creditors and that's when I realized okay I need to do something good for the world.
Finally in 2013 I grew my job at the time I was 34 and I drove across the country to get a job in Silicon Valley. The first thing I did was look at co-working spaces because I knew that that's where I could network and mingle with engineers. I found this one in Mountain View called Hacker Dojo. I rented a desk there and literally I took my laptop and I just sat next to engineers and just talked to them and they told me about this website called Angelist a lot of the people that want to get into startups they'll look at job postings there.
I honestly thought I would get job at like Facebook or Google or something like that. I looked for a job for about six months because a lot of the company didn't want to hire someone from Wall Street or Lehman Brothers so in a way my career in Lehman Brothers was almost like a scarlet letter so literally what a day was on Angelist I looked up any jobs that are related to finance and technology.
Yeah that's where I found E-Share's or Carter. E-Share's, Carter, what they do is they allow you companies to issue electronic securities to their investors or their employees in the private market. What Henry told me about what E-Share is about I realized that this is a very big problem and it's an interesting problem to solve. Before Carter all of this information about the stocks and stock options that was all taken care of by law firms. Now law firms are very expensive lawyers are expensive.
A lot of founders before they raised money they would try to do it themselves so they would keep the information about who owns what in a self-subscibe. There was really no job posting for operations person. There was only a job posting for engineers but I figured why not let me let me see if they're looking for someone like me.
And then finally in September Henry who was the CEO of Carter at the time he was called E-Share. He said sorry we already have an operations manager and then on Friday he reached out to me again and he said actually our operations manager quit today and I think it's so undipitous that you reached out to me this week so are you still interested in the job? And I said yes. So my very first task was really ordering lunches for everybody. So at the time I think we were using DoorDash and so figuring out how to use DoorDash to order lunches.
I think that was the my first task and it was again like not really easy because I had to make sure that I ordered by 10.30 otherwise the lunch would not get there by 12 and then the engineers they would get cranky. For me actually it was really fun because Henry really trusted me from the beginning and all the things that he wanted me to take care of. He even payroll. He just gave me all the access from the beginning. I realized like wow I have all this responsibility and I have to figure it out.
For the first time since college I was actually like using my brain to solve problems and it was very exciting. I made a lot of mistakes as an operations manager so one thing I did was I was juggling a lot of things and I sent the wrong file to a customer and it was a very sensitive file and this was like around 6 p.m. and Henry he had already left and I made this mistake. I said oh no what am I going to do? I've only worked here for a month and now I'm going to be fired but I decided I'm going to call him anyway and then I told him the situation and he said oh that's fine just apologize and he said you know Gina you need to have thick skin to work at a startup. It's okay that you're going to make mistakes and I told trust you and that really changed me because you're going to make mistakes when you have good people that you work with they're not going to blame you for it. You're going to all work together to figure things out.
We had a very good team in the very beginning. We had very motivated employees who were not worried about failure and try things out because no one knows what's the right answer around February March of 2014. We did an interview with TechCrunch and we told them about how tap tables are broken. We're here to fix that problem and disrupt that space around the same time. There was an article about how 4.9a evaluations which was how stock options are valued. That space is also broken and once we got that momentum from the TechCrunch article we said okay this is a problem that we can also fix as well. So we started working on that 4.9a problem and then added that feature in as part of Carta and that really was the tipping point for us.
I also had that sort of imposter syndrome. I always felt like an imposter so because I come from a completely different background. I was an investment banker. I had no idea how startups worked and so as we grew we got all these amazing people to join. They have a lot of experience either on private markets or startups in general. When I started working with them again I just felt like okay do I really belong here anymore? Maybe my knowledge is not great.
I think again you know you kind of have to have that thick skin realize that you have that unique insight and that unique insight is not something that anyone can take from you and so for me having that investment banking background it actually did help me also as I grew with Carta. In New York like at least like you know in Wall Street people focused on I think the present so like when you get a job offer right people don't care about the stock options they care about how much money that you're getting as of now but in Silicon Valley there's more emphasis on the future when you have your job offer you need to look at what your salary is going to be and how many stock options you're going to be getting if you really believe in that company you really need to exercise those stock options at Carta what I saw was a lot of people when they leave companies they end up not exercising their stock option and then they regret it if they don't tell you what percent of the company you were getting you should also ask that.
So when I moved from Wall Street to Silicon Valley my salary was cut in half and it was difficult but if that's again what you want to do then you do have to make that sacrifice since 2013 my stock option basically went up by 200 times for me that was the price of the risk that I took I'm really happy with the risk that I took and even if you fail there's going to be so much that you learn from it and there's so many other opportunities that are going to come to you in Silicon Valley crazy idea it's not really a crazy idea here everything is possible and so people accept that and that having that underlying assumption is so important and knowing that people are going to accept you as is back when Tesla started no one believed electronic cars can be possible now that I've been in Silicon Valley for 10 plus years what I realized is that success is something that I define it's not it's not about money it's about whether I am doing what I want to do.
All this like very successful people Elon Musk or the Reid Hoffman who started like LinkedIn why are they still working like why are they still helping start up and investing and I think it's because like as we get older we have our own definition of success that has nothing to do with what the society tells us and it might change every year it might constantly evolve but unless we achieve that success like we're not going to be happy in life to me I'm going to I'm going to work till I die because this is what I enjoy and what is the meaning of life if you're not doing something that you enjoy.
I feel like I was definitely lucky in terms of finding the job at Carter if I didn't actually decide to quit my job in Wall Street I wouldn't have found that luck right now using the experience that I had I'm helping out startups I am trying to start my own business as well and then continue to just focus primarily on helping startups become the next unicorn this is again like kind of like your next chapter in my life and maybe I'm not going to be successful doing this I might have to go back to working for another company or another business again I love the fact that I'm challenging myself to get to that another success and uh yeah that's that's pretty much it.