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SecondMarket raises $15 mln from Li Ka-shing
Exclusive: Interview with CEO Barry Silbert on plans for the marketplace, including M&A and hiring SecondMarket, a leading marketplace for illiquid assets, such as private company shares - Facebook, Zynga, and Tesla Motors - on Tuesday announced it’s raised $15 million in new funding, giving the company a post-money valuation of $150 million.The new funds come from Hong Kong billionaire Li Ka-shing, whose investments include Facebook, and Singapore state-owned investment firm Temasek Holdings PLC.  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 $15 million when his company already had $15 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 ...   [ Read more ]
Video Length: 0
Date Found: February 23, 2010
Date Produced: February 23, 2010
View Count: 2
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