EXCLUSIVE: 35,000 Shares of Twitter Move in Private Market
More than a million dollars in Twitter stock moves on under-the-radar quasi-stock exchange. More to come?
Facebook isn’t the only pre-IPO trading darling. SocialTimes just got word from private share trading company SharesPost that an auction in the microblogging company’s stock was just completed. The deal involved 35,000 shares of Series B Preferred Stock, with a final clearing price of $34.50.
This follows an interesting interview Reuters had with Twitter cofounder Biz Stone, who claimed that he has no interest in taking the company public anytime soon. Twitter, which has a recently reported implied valuation of $10 billion, has had its shares appear in SharesPost auctions before, though it hasn’t done so with the reported frequency
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