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Welcome
EB Exchange Funds (EBX) was founded in 1999 with the goal of helping private company entrepreneurs achieve liquidity and diversification from their highly concentrated, illiquid holdings. After EBX’s founder, Larry Albukerk, started his second venture-backed company, he realized that entrepreneurs would create more value for all shareholders if they could start to diversify prior to an IPO or acquisition. With this concept Albukerk launched the first exchange fund specifically for founders of privately held venture backed companies. EBX has since closed five funds with a total of over 125 participating companies, representing 250 entrepreneurs.
As the exit opportunities for private, venture-backed companies changed over the past few years, EBX launched its private stock secondary brokerage business, Liquidity Advisors. Liquidity Advisors provides direct liquidity for entrepreneurs enabling them to sell stock for cash to secondary investors. The secondary brokerage business is built on the deep experience of 10+ years of owning venture backed equity and listening to founders. Liquidity Advisors has represented entrepreneurs from Facebook, LinkedIn, Twitter, Zynga, eHarmony, Lifelock, Silver Spring Networks, and many other leading private companies.
More recently, in response to demand from accredited high net worth investors, EBX created and closed 3 special purpose funds to allow qualified investors access to Facebook. These funds are currently not accepting new investments.
press
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10/12/2011
Fever Breaks for Facebook Shares
Facebook Inc. share prices rose to about $30 a share in February and March from $20.85 in January, then peaked at $34 to $35 in August, according to Larry Albukerk, founder of EB Exchange Funds in San Francisco, who acts as a broker on private-market trades of companies that aren’t public. He saw trades as low as $31.50 last month….
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7/11/2011
Facebook Fever: Investment Doubles in Just 6.5 Hours
Larry Albukerk of EB Exchange Funds in San Francisco said, “Everybody, just everybody, is interested in Facebook. There’s nothing even close to it.”…
announcements
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11/24/2010
EBX FB I, LLC Closed to New Investments
On November 24, 2010, EBX FB I, LLC, a Special Purpose Entity established to acquire large blocks of Facebook equity securities, had its third and f…
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7/15/2010
Fifth Founder Exchange Fund Closed
On July 15, 2010, EB Financial Group, LLC announced the successful closing of EBX V, L.P. The Fund is comprised of 22 venture-backed companies, wi…
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4/1/2010
Liquidity Advisors Officially Launched
On April 1, 2010, EB Financial Group, LLC (“EBX”) officially branded its advisory services group “Liquidity Advisors”. Liqu…













