June 14th, 2012

Akkadian Ventures Raises $22M For Secondary Stock Purchases

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Akkadian Ventures has raised a $22 million fund for purchasing stock in private companies from entrepreneurs, early employees, and angel investors.

Secondary sales have had a higher profile recently as a way for investors to get into hot tech companies like Facebook, Zynga, and Twitter before they went public, often through secondary market sites like SecondMarket. Co-founder and chief… → Read More