SharesPost Debuts Index for Late-stage, Venture-backed Firms
Santa Monica,
Calif. – SharesPost, the provider
of an online platform that provides pricing and valuation data on private
equity transactions, has launched a new index that aims to be "the S&P
500 but for late-stage, venture-backed companies," founder Greg Brogger
told the Associated Press.
The new index will track seven companies —
Facebook, Twitter, Tesla Motors, Zynga, Linden Lab, LinkedIn and Serious
Materials — and track valuation; most recent share price on SharesPost;
average analyst valuations; and the midpoint between highest and lowest share
bids on SharesPost.
Santa Monica, Calif.-based
SharesPost was launched in July 2009.
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(AP)