Quiz question: Name the most valuable peer-to-peer (P2P) company in the world. The first person to get the answer right gets a wonderful prize, like me saying “Way to go!”.
A hint: It is pure P2P, it isn’t one of the typical list of companies, it is private, and it is almost certainly worth in excess of $5-billion.
Tick, tick, tick.
[Update] Okay, if you really and truly give up then use your mouse & cursor to highlight the area after this sentence. The answer is: Liquidnet. A P2P stock trading company started by Seth Merrin in 1999, it has been newly elevated to a multi-billion dollar company by the acquisitions this week of Instinet (Nasdaq) and Archipelago (NYSE). The latter went for $4-billion, and Liquidnet is almost certainly a more valuable company — and far more valuable than Skype, Grokster, and the rest of the usual P2P ilk.
Bet you wish you hadn’t peeked, don’t you?