Saturday, October 10, 2009

Trying to sell shares in a private startup? Join the club! | VentureBeat

Trying to sell shares in a private startup? Join the club! | VentureBeat: "SharesPost is just the latest in a host of companies that are trying to make it easier to buy and sell shares in private companies.

Until recently, the assumption for most startups was that they’d get sold or go public in a reasonable amount of time — say six or seven years. That meant founders and executives of these companies didn’t really worry too much about finding an early way to sell shares.

But the dearth of IPOs — there have been some, but far fewer than in past years — has blown up that assumption and ushered in a set of companies trying to help founders and others sell their shares."

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