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Strategies & Market Trends : The New Economy and its Winners

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From: Doren	6/28/2009 1:53:14 PM
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Facebook, Twitter and Peers for Sale-Privately tinyurl.com SharesPost founder Greg Brogger believes his site has one solution to the slowdown in IPOs: Bulletin boards for more than 100 startups that allow buyers and sellers to post the price and number of shares they want to purchase or unload, and the ability to e-mail one another directly. Parties wishing to make a deal can find the relevant contracts on the site to sign, and an escrow company completes the transaction, charging both sides $2,500. So far, a $25,000 deal -- the site's minimum transaction size -- has been completed for 2,500 shares of electric car startup Tesla Motors at $10 apiece.

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