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….
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.”…
Echoes Of 1990s As Tech Stocks Make Gains
Determined to add to his portfolio, Mr. Williams turned to Larry Albukerk, the managing partner of EB Exchange. Mr. Albukerk referred Mr. Williams to a former Zynga adviser who wanted to unload 25,000 shares for between $16 and $18 each. The sale went through. Since then, Mr. Williams has bought 35,000 Facebook shares, and acquired an additional 10,000 shares of LinkedIn for $21 apiece, in separate transactions….
Zynga Valued Over $7 Billion, Will They Go Public?
Larry Albukerk, managing director of the San Francisco based investment firm, EB Exchange Funds, says he has gotten many requests from wealthy clients hoping to invest in Zynga even before it goes public….
Another Special-Purpose Fund, EBX, Buys Into Facebook Stock
VentureWire – With demand for stock in Facebook Inc. building to a fever pitch, another firm is raising a secondary fund for individual investors to buy shares of the social networking giant from former employees, according to an investor in the fund….
Frenzy For Facebook Shares Heats Up With A New Auction
Forbes – If you’ve been wanting to buy Facebook shares, you have at least $100,000 cash to spare, and you meet some high net worth hurdles, this could be your week…
A Way for Outsiders to Bet on Facebook
Bloomberg – Specialty firms are buying shares of the social-network company from insiders and repackaging them for sale to outsiders…
Seeing More Than Face Value
Bloomberg – Goldman Sachs and Digital Sky Technologies, an investment firm based in Moscow, having seen Facebook’s financials, may be expecting the social network to grow more like Google did five years ago, said Larry Albukerk, founder of EB Exchange Funds LLC, a San Francisco-based firm that specializes in private share sales.
Facebook Shares Get Chopped Up Into Derivatives as Value Soars
Bloomberg – Facebook Inc.’s surging valuation is spurring shareholders to slice and dice their stock, giving investors everywhere from Silicon Valley to Wall Street a chance to bet on the company….
EB Exchange Funds Provides Safety Net for Entrepreneurs
TechCrunch – It’s well known that entrepreneurs are risk takers, but the continued activity of EB Exchange Funds (EB) – which allows startup founders to hedge their bets by pooling their shares together – goes to show that everyone has a conservative side.
Founders Get A Cure For The IPO Blues
Forbes – Developed by San Francisco-based EB Financial Group, an exchange fund is essentially a private-equity fund exclusively for founders, who “buy” into the fund with a small percentage of their restricted stock. Cash or stock is distributed to the 20 or so founders in each fund whenever a company is bought or goes public….
Download the EBX Press Kit
2012 YTD, served as advisor to shareholders of SolarCity, Violin Memory, Intelius and Palantir.
March 9, 2012. In addition to several Facebook and Twitter advisory projects we sold shares in the secondary market for former employees and co-foun…
200,000 Twitter Shares Sold
March 6, 2012, advised seller in a 200,000 Common shares share transaction of Twitter, Inc. stock in a private transaction. Year to date, we have se…
Year to Date Facebook Transactions
March 5, 2012, advised an early employee of Facebook on a sale of 375,000 Class B Common shares of in a private transaction. …