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.
SecondMarket is a reinvented stock market. We provide products and services that enable companies, community banks, student loan issuers and funds to manage liquidity, raise capital and communicate with key stakeholders. A Better Market… We’re empowering entrepreneurs by reinventing the modern stock market and redefining the modern company. We’re enabling companies to manage liquidity, communicate with key stakeholders and raise capital through products that give control to companies, not to Wall Street. We’re changing the market,...