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Priavte Startups May Get Liquidity With the Launch of SecondMarket in Israel

SecondMarket, the marketplace for alternative investments such as company options and private company stock trading, announced yesterday that it has launched operations in Israel. This could mean big bucks for Israeli entrepreneurs, as they will be able to sell stock and options to interested investors before exiting the company. SecondMarket's effort in Israel will be led by Ranan Lachman (VP), who was previously at Oppenheimer & Co, one of the largest underwriters for Israeli startups, where he was involved in fundraising and IPOing numerous Israeli private companies.