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 leading marketplace for alternative investments. It has become the online destination for building your investor network, discovering interesting investment opportunities, and transacting in assets such as private venture-backed companies and private community banks, fixed income products, public equity and bankruptcy claims. SecondMarket 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 100,000 individuals and institutions and completed billions of dollars in...
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