http://www.websitemagazine.com/content/blogs/posts/archive/tags/SecondMarket/default.aspxTags: SecondMarketenCommunityServer 2008 SP2 (Build: 31104.93)http://www.websitemagazine.com/content/blogs/posts/archive/2010/10/12/the-money-follows-facebook-in-the-private-company-market.aspxWed, 13 Oct 2010 02:00:00 GMT1e469e21-c924-44fa-a132-47b5d0a8ad47:15028Linc Wonham0http://www.websitemagazine.com/content/blogs/posts/rsscomments.aspx?PostID=15028http://www.websitemagazine.com/content/blogs/posts/archive/2010/10/12/the-money-follows-facebook-in-the-private-company-market.aspx#comments<hr /> <p><img height="73" width="73" style="float:left;margin:10px;" src="http://www.websitemagazine.com/images/blog/facebook-mini.gif" alt="" />Facebook accounted for the majority of private company stock transactions for a second straight quarter, according to SecondMarket&rsquo;s recently released third-quarter report. The social networking site commanded 37 percent of the trading through SecondMarket, a private company stock trading startup with a Q3 volume of more than $73 million worth of stocks.</p> <p>GlobalLogic was not far behind with 35 percent of the transactions, and Acronis and Gamefly also had strong quarters. Facebook dominated the buy-side interest as well with 34.1 percent, followed in the distance by Twitter&rsquo;s 5.8 percent. The remaining private companies in the top 10 of that category were LinkedIn, Zynga, Craigslist, Yelp, Digg, Kayak, Etsy and the author of the report, SecondMarket.</p> <p>Groupon recorded the fastest growing buy-side interest with an increase of 63 percent in the past three months. Other companies showing significant growth on the buy side included Pandora, Zipcar, Trulia and Bloom Energy.</p> <div style="clear:both;"></div><img src="http://www.websitemagazine.com/content/aggbug.aspx?PostID=15028" width="1" height="1">facebookprivate company stocksSecondMarket