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Re:Rigging the IPO game by prostoalex on Sunday March 10, 2013 @06:46PM (#5353879)
Someone needs to build out the auction infrastructure where all market participants (institutional buyers, high-net-worth individuals, retail investors) can participate. Until recently Wall Street investment banks had a stranglehold on high-net-worth individuals, but that's changing.

SecondMarket is probably in the best position to implement this - they already have access to trading activity of mature private companies, and while they don't do auctions, they do run order books for large lots.

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