• Special Purpose Funds
  • EBX Funds
  • Special Purpose Funds

    Targeted investment vehicles focused on acquiring interests in leading late-stage, venture-backed private companies…

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  • Exchange Funds
  • Exchange Funds
  • Exchange Funds

    Funds that enable entrepreneurs to diversify their holdings by investing stock into a pool of other companies…

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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, Larry launched a private stock secondary brokerage business, Liquidity Advisors, through an affiliation with Growth Capital Services, Inc. (member FINRA SIPC), a registered broker-dealer.  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.

newspress
  • 10/12/2011 Fever Breaks for Facebook Shares
    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….

  • 7/11/2011 Facebook Fever: Investment Doubles in Just 6.5 Hours
    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.”…

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