There’s Only One Place to Go for Social Media Stock Trading

Here's the reason why everyone wants in on the "sideshow".

According to Peter Barris, managing general partner of New Enterprise Associates, a venture capital firm, secondary markets for shares in private companies are a “sideshow”. At the Dow Jones Private Equity Analyst Conference, he made it clear that venues such as SecondMarket and SharesPost are not where the real trading action is.

But, it is where you’ll find the handful of companies that interest you most.

Barris notes, “Places like SecondMarket are trading about 50 different names,” adding, “half of the volume is one name – Facebook.

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