SecondMarket raises $15 mln from Li Ka-shing

Interview with CEO Barry Silbert on plans for the marketplace, including M&A and hiringSecondMarket, a leading marketplace for illiquid assets, such as private company shares – Facebook, Zynga, and Tesla Motors – on Tuesday announced it’s raised million in new funding, giving the company a post-money valuation of 0 million.The new funds come from Hong Kong billionaire Li Ka-shing, whose investments include Facebook, and Singapore . I sat down with Barry Silbert, the CEO and founder of SecondMarket, for the lowdown of where he plans to spend his new-found capital cushion, and why he even raised million when his company already had million in the coffers.”It’s the investors,” said Barry, explaining that many of the new demand for stock available on SecondMarket has come from Asia.Barry also plans to … [ read more]

Add a Comment

Your email address will not be published. Required fields are marked *