GSV Capital Corp
(GSVC Puts 15% of it's IPO towards FACEBOOK SHARES)
Invest in the next stars of tomorrow. Today. LINK TO COMPANY WESITE: http://gsvcap.com/
ALSO ALL ABOVE TITLES (Mission, Fund & Team) are linked directly to CO website!
LIST OF RECENT PRESS RELEASES:
SharesPost Hosts Executive Forum on Market Issues & Opportunities for Private Companies
May 10 Event Connects Thought Leaders in the Rapidly Developing Private Company Marketplace
SAN BRUNO, Calif.--(BUSINESS WIRE)-- SharesPost, the online marketplace for private investments, today announced an invitation only conference for thought leaders in the secondary market, the Executive Forum on Market Issues & Opportunities for Private Companies.
Co-sponsored by The New York Stock Exchange and Wilson, Sonsini, Goodrich & Rosati, the afternoon event includes three sessions that will address critical issues faced by issuers, investors, stockholders and marketplaces. The first session will focus on alternative liquidity options for private companies, including the current market dynamics and economics. The second session will delve into the legal frameworks and how issuers can manage the expanded landscape. The final session will focus on the capital markets and implications for growth stock investors. A hosted cocktail reception will follow.
WHO: The conference is most suited to private company senior management teams (CEO/CFO/GC) and institutional investors seeking access to these companies.
WHAT: Executive Forum on Market Issues & Opportunities for Private Companies
WHERE: Rosewood Sand Hill, Menlo Park, Calif.
WHEN: Tuesday, May 10, 2011 from 2:00 p.m. - 6:00 p.m. PT
"The emergence of the new online private capital markets platforms is radically changing the ways that growth companies raise capital and manage shareholder liquidity," said SharesPost CEO David Weir. "As a result, many complex legal and financial issues are being raised and we believe it is important to engage private capital markets participants in a discussion of these issues."
Confirmed panelists include (in alphabetical order):
- Jim Anderson, Head of Corporate Finance Sales, Silicon Valley Bank
- Karey Barker, Managing Director, Wasatch Cross Creek Capital
- Steve Bochner, CEO, Wilson Sonsini Goodrich & Rosati
- Lise Buyer, Principal, Class V Group
- Scott Cutler, Executive Vice President, NYSE Euronext
- Dixon Doll, Co-Founder & General Partner, DCM
- John Duncan, Former General Counsel, Slide (Google)
- Lee Hower, Partner, NextView Ventures (Formerly of LinkedIn founding team)
- Pascal Levensohn, Managing Partner, Levensohn Venture Partners
- Mary Miller, Assistant Secretary for Financial Markets, Dept. of the Treasury
- Michael Moe, CEO, The Next Companies (NASDAQ: GSVC)
- Allen Morgan, Venture Advisor, Mayfield Fund & Managing Director, Idealab
- Sandy Robertson, Co-Founder, Francisco Partners
- Scott Painter, Founder & CEO, TrueCar
- Ian Sobieski, Managing Director, Band of Angels
For more information about the conference, please contact firstname.lastname@example.org.
SharesPost is the online marketplace for private investments. The company uses innovative technology to efficiently connect individual accredited investors, family offices and institutional money managers with high quality private investment opportunities.
SharesPost is not a registered broker-dealer or registered securities exchange. SharesPost is not registered as an investment adviser with the Securities and Exchange Commission.
For more information, please visit www.sharespost.com.
GSV Capital Invests in Facebook
Gsv Capital Corp (MM) (NASDAQ:GSVC)
Intraday Stock Chart
GSV Capital Corp. (Nasdaq:GSVC) announced that it has acquired 225,000 shares in social-networking company Facebook at an average price of $29.28 per share. The investment of $6,587,500 represents approximately 15% of GSV's total portfolio.
"Facebook is a one-of-a-kind business which has created enormous network effects. With over 650 million people on its platform, or approximately 1/10 of the world's population, Facebook has established itself as a next generation social communications platform," said Michael T. Moe, GSV Capital's CEO and founder.
GSV Capital's mission is to identify and invest in the premier VC backed private companies in the marketplace today - at attractive valuations.
"GSV leveraged its network to quickly execute the transaction, entering the agreement to purchase shares of Facebook shortly after the close of our company's initial public offering. This is a true testament to the strength of our team and a great example of how we intend to quickly seize opportunities on behalf of our investors," Moe added.
This purchase of Facebook shares was subject to certain closing conditions, including a 30-day "Right of First Refusal" or ROFR, expiration.
GSV is presently in the final stages with a handful of private company investments that it anticipates acquiring within the next 30 days, subject to applicable closing conditions.
About GSV Capital Corp.
GSV Capital Corp. (Nasdaq:GSVC) is a publicly traded investment fund that gives individual investors access to high growth, venture backed private companies. GSV Capital is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. GSV is headquartered in Woodside, CA. For more information please visit http://gsvcap.com/
The GSV Capital Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9556
Statements included herein may constitute "forward-looking statements," which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. GSV Capital Corp. undertakes no duty to update any forward-looking statements made herein.
CONTACT: Investors: Alex Wellins (415) 217-5861 email@example.com Media: Kim Hughes (415) 489-2188 firstname.lastname@example.org