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Trending 1. In your inbox every Tuesday. A valid email address is required. You must check the box to agree to the terms and conditions. Thanks for signing up! Sign up. Follow Us Facebook externa link icon. Twitter externa link icon. Instagram externa link icon. Basically, it would be a more open version of Second Market and the other private markets that have sprung up to meet this new need for small-company liquidity.
And if and when companies achieved the size and maturity in which they wanted to make they jump to NASDAQ and NYSE, they could pay more and meet the more stringent listing requirements. It would be like graduating from college! Because the current system, in which only Goldman Sachs clients can invest in companies like Facebook, is no good for anyone except Goldman Sachs clients.
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