Full Circle: SecondMarket Raises $15 Million From Former Facebooker

At this period, the public markets are a scary place. Tech companies that embody the new economy and have room to grow are going to become an increasingly interesting asset class.

It is strange, however, to see the same folks who were recently selling their shares on this market now becoming its backers. SecondMarket makes the market for FB stock, which Mr. Palihapitiya may still have quite a bit of.

at this point, i only trade in privately held companies. public markets are for losers.