SecondMarket, which facilitates equity transactions for non-public companies, said today that the typical company on its service is awfully large -- and focused on consumers.
According to the firm, the typical private company on SecondMarket has a $329 million market cap and average funding of $108 million. The company has been in operation for seven years and has about 200 employees.
Digging deeper into its data, SecondMarket found that 48.3 percent of the companies involved in so-called liquidity events, or transactions of some form, came from the gaming industry. Another 21.8 percent of those companies were involved in … Read more