Description: SecondMarket and its ilk allow investors and employees—including Facebook’s—to convert pre-IPO shares into millions. But is it healthy for startups?

Source: Businessweek.com

Date: 04/21/2011

Link: http://www.businessweek.com/magazine/content/11_18/b4226070179043.htm

Questions for discussion:

• Summarize the issues raised in the report.
• What is your view about this behavior?
• Should it be prohibited?