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December 2, 2012 03:00 am GMT

The Magic of Liquidity: Web Marketplaces Still Have A Long Way To Go

David HaberEditor's note: David Haber is an analyst at Spark Capital. Prior to Spark, David helped launch Locus Analytics, a start-up asset management business.The Internet provides the perfect medium to aggregate the long tail of fragmented and illiquid markets. This dynamic has made the opportunity for creating online marketplaces so compelling

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