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Jeremy Smith on Secondmarket's Facebook Stock Sale

  • Released: 2010
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    • Plays: ???
Synopsis >

Secondmarket, a new New York-based electronic market place for privately-owned companies and other assets, has recorded $100 million in sales of Facebook shares over the past 12 months. In this video interview, secondmarket chief strategy officer Jeremy Smith says that some there has been $250 million in transactions over the company's electronic trading system over the past 12 months, and Facebook shares comprise 40 percent of the sales volume. The shares are sold to qualified investors.

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