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the other perspective is that it isn't much for the sole founder of a company that Google offered $6B for, and was worth nearly $20B[0] in the public market. [
by nikcub 14y ago
the other perspective is that it isn't much for the sole founder of a company that Google offered $6B for, and was worth nearly $20B[0] in the public market.
[0] Nov '12 peak was $20.15B http://knowledgetoday.wharton.upenn.edu/2011/11/groupon%E2%80%99s-ipo-scores-big-but-doubts-persist/ http://knowledgetoday.wharton.upenn.edu/2011/11/groupon%E2%8... same article also says that pre-IPO secondary market valuation reached $30B
> But those developments hurt Groupon’s pre-IPO valuation, which fell from a peak of $30 billion to one institutional investor’s estimate of $8.7 billion.
- dmix 14y ago> When Groupon went public, in 2011, it was valued at $11 billion dollars
- obviouslygreen 14y agoStraight up bullshit. "It isn't much" is not valid commentary on "$28 million."