“It is the ‘silver’ age of VC/entrepreneurship. It would be the ‘golden’ age if we could fix the liquidity issues.”
Those are the words of Michael Greeley, general partner of Flybridge Capital Partners in Boston and treasurer of the National Venture Capital Association, referring to the very tight IPO market that is limiting capital-raising options for emerging growth companies. It is also an issue Greeley intends to explore this Wednesday afternoon, at Xconomy’s conference: New York’s Venture Emergence.
That’s because Greeley will be the moderator of a keynote chat with Barry Silbert, CEO and founder of SecondMarket, the hot New York broker-dealer that is doing its share to fix the aforementioned liquidity issue, in large part by creating ways to trade shares of privately held companies.
The chat between Silbert and Greeley is just one part of a fantastic afternoon of discussion and stories from some of New York’s—and the country’s—leading venture capitalists and entrepreneurs, including Union Square Ventures’ Fred Wilson, the Gilt Groupe founding team, 1stdibs CEO David Rosenblatt, RRE Ventures’ Eric Wiesen, Internet advertising pioneer Dave Morgan (now CEO of startup Simulmedia), Todd Dagres of Spark Capital in Boston—and a whole lot more.
If you don’t have your tickets already, get them fast—time is running out, and space is limited.
Greeley says he is really looking forward to his chat. Some questions he intends to ask Silbert include:
—What is the future of stock exchanges, and how companies raise capital and generate shareholder liquidity?
—What does Second Market look like in five years?
—What are the greatest risks to the business going forward?
—What regulatory issues do companies like Second Market face, and what should the government do?
And last but not least, says Greeley (who remember is from Boston): Who will win the Super Bowl? (I personally feel it will be the Patriots’ revenge).
There will also be time for you to ask Silbert a few questions of your own. We look forward to seeing you on Wednesday afternoon. Register here.