3 ms·
Nice Try, Groupon
- JoeAltmaier 16y agoArticle criticises Groupon for claiming to raise $1B. Says much of that is being used for (...). Who cares how they're spending it? They DID raise $1B. Petty article.
- keltex 16y agoThe distinction is that the company actually received $600M. The other $350M was really a form of "secondary offering" that let existing shareholders take some chips off the table. http://en.wikipedia.org/wiki/Secondary_market_offering http://en.wikipedia.org/wiki/Secondary_market_offering