Tuesday, December 14, 2010

CapLinked Jumps On Private Ticker Symbols

Manhattan Beach-based CapLinked, the develop of software as a service tools for managing venture and angel fundraising run by Eric M. Jackson, reported Tuesday that it has started allowing companies to register unique "ticker symbols" on its site. The firm said that the symbols, which will be unique to private companies, can be used to identify companies on websites, in tweets, and also on such sites as SecondMarket and Stocktwits. The firm said the move comes as a response by SecondMarket and Stocktwits to implement stock symbols for private companies. CapLinked is not working with SecondMarket or Stocktwits, but said it is using a system based on their models for ticker symbols. Jackson is one of the early employees of PayPal. CapLinked opened up its service in October.

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