2 ms·
we are not investors in groupon. ugh. yuck.
by fredwilson 14y ago
we are not investors in groupon. ugh. yuck.
- redthrowaway 14y agoI wasn't suggesting that you were, but rather that the valuation bubble has meant the exits of companies you've invested in have been higher than they otherwise would be. It costs you more to invest now, but that's offset by the increased income from companies you invested in pre-bubble.