Re:It All Changes When the Founder Drives a Porsche
by nhangen on Saturday December 04, 2010 @02:20PM
(#1969910)
No kidding. I'm wondering if Groupon founders are overestimating the ceiling of that business.
Re:It All Changes When the Founder Drives a Porsche
by sliverstorm on Saturday December 04, 2010 @04:12PM
(#1970155)
Is it possible they don't ever intend to exit? I know that's pretty rare- most startups seem to be aiming for the exit- but can't some simply be trying to be their own business?
Re:It All Changes When the Founder Drives a Porsche
by jules on Saturday December 04, 2010 @06:53PM
(#1970521)
Why is it so rare? If I had the choice between being the owner of and working at a company that I love and believe in while earning $x, versus earning $10x, the former sounds much more attractive.
Re:It All Changes When the Founder Drives a Porsche
by nhangen on Saturday December 04, 2010 @04:43PM
(#1970227)
Sure, I suppose it is...it's just rare.
6 Billion is a lot of money to turn down, but I've never been in their shoes, so I can't say what I'd do.
Re:It All Changes When the Founder Drives a Porsche
by ams6110 on Saturday December 04, 2010 @05:07PM
(#1970274)
I'd say they are. Not something I'd use, personally. But then again I've never been one to clip coupons; I just find it's not worth the time.
Re:It All Changes When the Founder Drives a Porsche
by jfb on Saturday December 04, 2010 @11:33AM
(#1969530)
When I heard that I ran a quick EV% calculation and thought ... whaaa?
Re:It All Changes When the Founder Drives a Porsche
by tomjen3 on Saturday December 04, 2010 @11:33AM
(#1969529)
Goggle made a lot more than that, so while the price is high, even for the Valley, it is not unheard of.
Re:It All Changes When the Founder Drives a Porsche
by scootklein on Saturday December 04, 2010 @02:07PM
(#1969880)
not compared to an IPO
6B isn't a home run these days?