I love stocks and I LOVE investing in startups. About 8 months ago I started calling Facebook $fbook and Twitter $twit when I tweeted. I felt the IPO market was struggling and it would be cool if Private Companies had a lightweight exchange or center of conversation to point people too to learn about them in real-time. A place where employees and investors could get a pulse of what people were saying about private companies.
It would be cool for the Companies and REALLY COOL for STOCKTWITS is we could own all the company conversations on twitter. When I had the idea and Fred Wilson noticed me doing it, at least he thought so and his hunches are better than mine.
Through a partnership with SecondMarket, the marketplace for illiquid assets, we are excited to deliver to our community at StockTwits the capability to comment on an entire network of private companies. We love what SecondMarket is doing, and are delighted to be able to provide a real time messaging and idea sharing and messaging platform for them.
You will be able to find the Private Companies stream on the Stream Navigation Panel on the left side bar of the website.
To find a particular company’s’ ticker, simply browse through the Private Company Database and then tweet using that ticker symbol.
Each Private Company has their own symbol page, where you can easily view the tweets as well as view the company profile on The Business Insider, TechCrunch, GigaOm, CNNMoney, and TechMeme. Check out this one for $SKYPE:
We are excited to be working alongside SecondMarket and can’t wait to see the conversation surrounding private companies blossom. It’s really going to be fun to see some of these great companies move from the Private Company Stream to the Public Equities Stream in the future!