May 3, 2010

SharesPost to Work with Brokers

NCEO founder and senior staff member

SharesPost, one of a number of new companies that provide a way for buyers to purchase stock or options from employees of closely held companies, has announced that it will now be working with registered brokers to help facilitate the transactions. The move comes as SharesPost, SecondMarket, and other companies moving into this field have been successful in arranging for hundreds of millions of dollars in sales of stock held by employees in closely held companies that appear likely to go public or be acquired.