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Incorrect. 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 co
by teej 15y ago
Incorrect. 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.