Liz Gannes

Recent Posts by Liz Gannes

After Facebook and Twitter, SecondMarket Buyers Lust for Pinterest, ZocDoc and Klout

SecondMarket, the private market dominated by sales of stock by former employees at consumer Web and social media companies, had more than $558 million in transactions in 2011, for 55 percent year-over-year growth, it said today. Buyers tell SecondMarket they are still most interested in getting shares from regular targets like Facebook and Twitter, but some recent emerging targets include Pinterest, Practice Fusion, ZocDoc, Klout and Kickstarter. (Of course, just because there are would-be buyers doesn’t mean there are sellers.)


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik