Nasdaq Private Market to Help Startups, Rice Says

Nasdaq Private Market to Help Startups, Rice Says Play

March 6 (Bloomberg) -- Bob Rice, managing partner at Tangent Capital Partners, and Jay Ritter, a finance professor at the University of Florida in Gainesville, talk about Nasdaq OMX Group Inc. and SharesPost Inc.'s plan to set up a joint venture where brokers can trade stocks of firms before any initial public offering. The venture will be known as Nasdaq Private Market. Rice and Ritter speak with Deirdre Bolton on Bloomberg Television's "Money Moves.' (Source: Bloomberg)

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