Stocktwits and Secondmarket are teaming up to collaborate on the $30 billion market of private companies, writes
TechCrunch.
Stocktwits curates tweets that are indexed with a "$" sign, such as $XOM for Exxon Mobil (NYSE:
XOM) or $MSFT for Microsoft (NASDAQ:
MSFT).
Now Stocktwits is incorporating private companies whose stocks trade on Second Market, which is an exchange where private companies stock is traded.
For example, Facebook would be $FBOOK, or Tech Crunch would be $TCRH. Second Market is taking these indexed tweets, and integrating them to enhance their own pages.
SecondMarket currently tracks about 500 private companies that aren’t public, like Facebook, Zynga and Twitter.
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