How to Sell Out of Your Startup Stock

Silicon Valley-ites have had a tougher time getting rich for much of this decade because their normal routes to huge fortunes–the sale or IPO of their startup tech companies–have been crimped by new regulations and poor market conditions, which have worsened in this recession.

Now some outfits are trying to step into that wealth breach. On Thursday, a New York company called SecondMarket said it would offer a new avenue where owners of private company stock can sell their shares even if the startups haven’t gone public. This private company marketplace will allow venture capital investors, entrepreneurs and startup employees to sell their stock to angel investors, secondary buyers and others who are interested in buying into their privately held firm.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »