4 ms·
I think Groupon is a suspect company to begin with. It's a great idea, but most of the last few rounds of funding have gone to pay off the early investors. htt
by Duff 15y ago
I think Groupon is a suspect company to begin with. It's a great idea, but most of the last few rounds of funding have gone to pay off the early investors.
http://allthingsd.com/20110602/where-did-groupons-billion-dollars-go/ http://allthingsd.com/20110602/where-did-groupons-billion-do...
They raised nearly a BILLION dollars, and spent 80% of it on paying off the insiders. Not a good sign.