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Announcing our new investment in Fidor Bank AG
Latest updates:
bank simple: RT @CeCeCheng: How does @delta have wi-fi on transcontinental flights but not @jetblue? Grr.
bank simple: RT @heathervescent: Bluelit Sunset. http://t.co/HrYguKox
Park Paradigm: From the perspective of Mr. Silbert and his peers, Facebook?s success in trading on those exchanges represents a new era in capital formation, where companies will stay private longer and shareholders will not wait for an I.P.O. to take money off the table. While no private Internet company can fill the hole Facebook will soon leave, the exchanges hope a deluge of smaller companies will eventually fill the gap. Mr. Silbert has also moved to transform SecondMarket ? which also facilitates trading in other assets like bankruptcy claims ? into a more mature exchange. It recently required companies that wanted to sell shares to submit financial information, including audited financial information and capitalization tables, for prospective investors. Mr. Silbert said the extra layer of transparency would be a great standard for the post-Facebook era, since it would help buyers feel more confident in their trades. The company says it has conducted transactions for 45 companies and is qualifying 200 additional companies.
