No acquisition, no IPO, no problem: Private exchanges springing up to combat lack of liquidity

NEW YORK — Scott Painter makes his living betting on startup companies, having played a role in launching 29 of them over the years. But with the bad economy choking initial public offerings and acquisitions, Painter is now backing an idea that makes it easier for insiders like him to sell shares in their companies even before they go public.

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Latest Tweets

Sharespost

  • bstroh Just met with a very cool start-up that is starting a 2ndry market for private shares. Great team and fun meeting http://www.sharespost.com
  • LiquidScenarios Im finalizing Liquid Scenarios "Capitalization Driven Investment Thesis" on Twitter, Inc. for Sharespost. http://vator.tv/v/c7d
  • eclecticnoodle Making private equity liquid - marketplace to buy and sell privately held stock http://sharespost.com @sharespost See them at #venturenet
  • eclecticnoodle It costs companies $2.5M to do an IPO to pay lawyers, accountants, printers and does NOT include fees to investment bankers @sharespost
  • tcosc An IPO costs $2.5M to pay lawyers, accts, printers and does NOT include fees to bankers. Meet @sharespost Wed at www.VentureNet.org

Latest Friend Feeds

Sharespost

  • intellibitz SharesPost - We make private equity liquid. Buy or sell privately held stock.
  • jeffcohn Making private equity liquid - marketplace to buy and sell privately held stock http://sharespost.com @sharespost See them at #venturenet
  • jeffcohn It costs companies $2.5M to do an IPO to pay lawyers, accountants, printers and does NOT include fees to investment bankers @sharespost
  • jeffcohn Is it fair that 5 bulge bracket investment banks and a handful of fund managers control the IPO window @sharespost #SEC #venturenet
  • jeffcohn #VentureNet @adlyads @wilschroter @CyberRain @ExpenseBay @FlipGloss @RightSignature @SharesPost @SocialApproach @TrueCar @Viewdle @YouMail
  • jeffcohn #VentureNet: @adlyads @wilschroter @CyberRain @ExpenseBay @FlipGloss @RightSignature @SharesPost @SocialApproach @TrueCar @Viewdle @YouMail
  • jeffcohn VentureNet: @adlyads @wilschroter @CyberRain @ExpenseBay @FlipGloss @RightSignature @SharesPost @SocialApproach @TrueCar @Viewdle @YouMail
  • jeffcohn $1B valuation how did Twitter investors get the number http://bit.ly/jRLTX $550M implied spread I will buy @sharespost @VentureBeat
  • jeffcohn Makes me sick seeing 1B shares Citigroup trade per day and 0 shares of Facebook. Capital formation is broken @sec_investor_ed @sharespost
  • jeffcohn Want to puke seeing 1B shares defunct AIG trade per day and 0 shares of Facebook. Investment bank IPO gatekeepers are a fraud @sharespost
  • intellibitz SharesPost - We make private equity liquid. Buy or sell privately held ...
  • valto SharesPost hires big guns to invest in founder shares
  • simonmainwaring Heard a fascinating talk of Sharespost this morning at METal. A company to watch.
  • semblr SharesPost hires big guns to invest in founder shares http://bit.ly/nLj9p
  • vcfeeds SharesPost
  • dragoni SharesPost: hires big guns to invest in founder shares http://bit.ly/3YAGyk
  • pjain SharesPost: hires big guns to invest in founder shares http://pjain.us/2m
  • arubenstein SharesPost | Private Company Transactions
  • businesspassion SharesPost: hires big guns to invest in founder shares
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