SecondMarket, a trading platform for private company stocks, has just released it’s Q2 2010 report. Overall transactions were down from Q1 – around $51 million in transactions were completed, less than the $70 million traded in March alone at the end of Q1.
Volume may be down, but prices are still going up. Facebook is now being offered at $65/share, and there are bids as high as $60. In April the price was $50/share.
Facebook accounted for 64% of total closed transactions, followed by Zynga with 12%. LinkedIn, Bloom Energy and Silver Spring Networks tied for third with 6% each. Twitter and MobiTV took most of the rest with 3% each.
SecondMarket also tracks buy side interest, even if no shares are listed for those companies. eHarmony, Groupon, Huffington Post and Skype all registered new interest. Funny, it looks like buyside interest in TechCrunch stock also increased by 100% in Q2, As far as I know, no one’s selling.
Previous Reports:
January 2010
February 2010
March 2010
SecondMarket is the marketplace for alternative investments. It has become the online destination for accessing market data, building your investor network and transacting in assets such as private company stock, structured products, public equity and bankruptcy claims. SecondMarket centralizes and simplifies secondary market activity by connecting buyers and sellers, and providing world-class market and operations expertise. Since 2004, SecondMarket has brought together more than 75,000 individuals and institutions and completed billions of dollars in alternative investment transactions. SecondMarket is...
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