4 ms·
Ask Jason Fried: Do you angel invest even though 37S would not take?
I noticed in some SEC filings from Groupon that Jason Fried is one of the investors.
Assuming that it is you, brilliant investment by the way, how do you resolve that dichotomy within yourself?
I am not trying to bash you, but am seriously curious.
You guys are famous for shunning investors, and encouraging startups to not take investments and to live within the constraints.
So, given that it is you that invested in Groupon, how do you reconcile what you say - with your financial interests? What is your rational?
I hope you don't take offense to this, but I would be interested to hear what you have to say.
- marcamillion 16y agoFor those interested, this is the SEC filing I saw: http://sec.gov/Archives/edgar/data/1490281/000149028110000002/xslFormDX01/primary_doc.xml http://sec.gov/Archives/edgar/data/1490281/00014902811000000... By the way, I am assuming that you invested - although now that I read it over, I realize it could just be an advisory role where you got equity that way. But even then, you aren't a fan of giving away your own equity, so the question still applies - how do you reconcile the two?
- christophe971 16y agoDHH: "Jason is a member of the board. He didn't get any money off the table at Groupon nor does he call their shots." https://twitter.com/#!/dhh/status/22015349629128704 https://twitter.com/#!/dhh/status/22015349629128704