Consumer Electronics Make Up 75% Of SecondMarket’s Third Quarter Transactions, Social Media Down To 1.2%

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http://techcrunch.com – What a change a year makes. SecondMarket, which helps arrange sales for stock of privately-held companies, said three-fourths of its transactions in the last quarter were for consumer electronics companies. E-commerce made up 19.4 percent of transactions, followed by financial services, which made up 3.6 percent. Consumer web and social media, which made up the bulk of SecondMarket’s deals before Facebook’s IPO this year, is down to 1.2 percent. At the same time last year, consumer web and social media made up 62 percent of transactions. This is partly because of recent IPOs, and (IT news)