• Today Is Not The First Time LinkedIn Shares Have Doubled

    Now that LinkedIn has stock is trading publicly,, you can buy and sell shares of the company on the New York Stock Exchange. But its shares have traded before privately among wealthy individuals and other accredited investors on secondary markets such as SecondMarket. The chart above shows the price history of LinkedIn’s stock between April, 2010 and March 2011 on SecondMarket. On… Read More

  • SecondMarket Sees $115 Million In Private Stock Sales During Q1

    SecondMarket Sees $115 Million In Private Stock Sales During Q1

    Are sales of private company shares taking a breather? Demand for private company shares resulted in $115.4 million worth of transactions on SecondMarket during the first quarter of 2011, down from $120 million last year. The value of shares trading hands was also down from $158 million in the fourth quarter of 2010, according to its first quarter report. The biggest buyers were high… Read More

  • Facebook Secondary Stock Just Surged To $34 — That's An $85 Billion Valuation

    Facebook Secondary Stock Just Surged To $34 — That's An $85 Billion Valuation

    Just 10 days ago, we noted that Facebook had hit a new valuation record as shares on the secondary markets surged some 5 percent to $31.50 a share. That auction was through SecondMarket and put the on-paper valuation of the company at roughly $78.75 billion (based on roughly 2.5 billion shares outstanding). Today — again, just 10 days later — we have another Facebook share auction… Read More

  • New Facebook Valuation Record As Shares Surge 5% To $31.50

    A little over $8 million changed hands in this week’s SecondMarket Facebook shares auction. And the price surged $1.50 per share, or about 5%, over last week’s record price of $30/share. 257,422 shares were bought and sold. That values Facebook, with roughly 2.5 billion shares outstanding, at $78.75 billion. Or, 17 Twitters and change. The confidential (lol) email and part of… Read More

  • Wow. Just… Wow: Facebook Hits Record $75 Billion Valuation On SecondMarket

    Wow. Just… Wow: Facebook Hits Record $75 Billion Valuation On SecondMarket

    Last week, in our weekly report on the insanely hot Facebook stock trading going on behind the scenes on SecondMarket, I wrote the following: “Do I hear $75 billion next week?” I was sort of kidding. But it looks like the joke is on me! Sure enough, Facebook did hit a $75 billion valuation on SecondMarket this week, a new record. Read More

  • Facebook Valuation Back At A Cool $70 Billion On SecondMarket

    And we’re back again with our now weekly update on the insanity surrounding Facebook’s stock in the SecondMarket auctions. Last week, the stock saw the beginning of a rally back to $27 a share, good for a $67.5 billion valuation (based on roughly 2.5 billion shares outstanding). This week, the good times continued to roll. Facebook’s stock hit $28 a share, to push the… Read More

  • Kevin Rose Invests In Facebook On SecondMarket

    Kevin Rose Invests In Facebook On SecondMarket

    Kevin Rose and Tim Ferriss have made a co-investment in Facebook on the secondary market. In this video clip posted this week, Rose announces that he and Ferris recently invested in Facebook “before the craziness.” We’ve embedded the video below; Rose talks about the investment just after the 34 minute mark. We confirmed with Rose that he and Ferriss actually bought shares… Read More

  • Facebook Shares Dip 7% In Most Recent SecondMarket Auction

    A week ago Facebook shares were being traded at $28.26 per share, a $70 billion valuation. In this week’s auction at SecondMarket the per share price declined just over 7%, to $26.25, a $65.5 billion valuation with around 2.5 billion shares outstanding. That’s a $5 billion decline in valuation. 670,000 shares were sold for a total of around $17.5 million. Did it peak? I have no idea. Read More

  • Demand Doubles For Private Shares On SecondMarket: The Q4 Report

    With shares of Facebook recently hitting a $70 billion valuation in a private auction on SecondMarket, you’d think those are the only shares that trade on the private stock market Facebook did make up the biggest portion of trades (39%) in the fourth quarter of 2010, but the market for private shares is broad and demand is strong for all sort of shares from LinkedIn (7%) and Etsy (5%)… Read More

  • Facebook Shares Hit $28.26 Per Share, That's a $70+ Billion Valuation

    The SecondMarket Facebook shares auctions are back on after a holiday break, and the valuation is up big time. The last auction prior to this one closed December 15 at $22.75/share. Today it hit $28.26 per share. With 2. 5 billion or so shares outstanding, that’s a $70.65 billionish valuation. A month and a half ago shares were trading on SecondMarket at a $50 billion… Read More

  • Xpert Financial Is About To Fly Out Of Stealth With A New Way To Trade Private Shares, And SEC Approval

    Just as the Securities and Exchange Commission is starting to take a closer look at the increasing amount of trading in private company stock, a new startup that’s been in stealth mode since August, 2009 is preparing to launch another way to trade private shares. The company is Xpert Financial which, through its registered subsidiary, Xpert Securities, brings to the table a tacit stamp… Read More