A Company Plans to Market Illiquid Assets 
IPOs are virtually non-existent and M&A events are far and few between. Can Secondmarket provide a third way to exit VC investments? "The new market will be open only to accredited investors and qualified institutional buyers, which the S.E.C. defines as financially sophisticated enough to invest in high-risk securities about which there is little public information. These include individuals whose net worth exceeds $1 million and institutions that manage at least $100 million in securities."
http://www.nytimes.com/2009/04/23/technology/start-ups/23vc.html?_r=1&hpw=&pagewanted=print
IPOs are virtually non-existent and M&A events are far and few between. Can Secondmarket provide a third way to exit VC investments? "The new market will be open only to accredited investors and qualified institutional buyers, which the S.E.C. defines as financially sophisticated enough to invest in high-risk securities about which there is little public information. These include individuals whose net worth exceeds $1 million and institutions that manage at least $100 million in securities."
http://www.nytimes.com/2009/04/23/technology/start-ups/23vc.html?_r=1&hpw=&pagewanted=print
