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Hundreds of millions of dollars already went to the founders. The only risk is whether they'll be super rich or ultra super rich.
by staunch 15y ago
Hundreds of millions of dollars already went to the founders. The only risk is whether they'll be super rich or ultra super rich.
- jonknee 15y agoThere are more stakeholders in the company than the founders.
- teej 15y agoIncorrect. Tens of millions of dollars already went to founders. Only investors cashed out in the 9 figure range. [1] That's a huge difference, especially considering that Groupon fancies itself a $30B company. [1] - http://www.businessinsider.com/the-millions-of-dollars-groupons-investors-and-executives-have-already-taken-off-the-table-2011-6 http://www.businessinsider.com/the-millions-of-dollars-group...
- staunch 15y agoNope. Groupon was started by Andrew Mason and Eric Lefkofsky (who also put up the first money). Eric Lefkofsky through his investment shells^Wcompanies took more money out than anyone else.