SecondMarket, which runs a market for trading stocks in private companies, is moving into regional and community banks.
That's quite a shift for the New York company, which since 2008 has created a booming business making a marketplace for people looking to unload private shares of hot tech startups such as Twitter, Yelp, and Facebook.
Surely the driving force behind this strategy is the resurgent tech IPO market. More specifically, Facebook, which is aiming to go public this Spring in what is expected to be the biggest Internet IPO in history. Facebook has been the most actively traded stock … Read more