Care to swap?
Posted on April 23rd, 2009 – 3:22 PMBy Thomas Lee
Interesting story in today’s New York Times about SecondMarket, which is developing a trading system in which investors and shareholders can swap shares of privately-owned start-ups.
With venture capitalists and angel investors unable to exit their investments through IPO or sale, SecondMarket says it can enable investors to unload some of their portfolio companies.



