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A comment on Groupon updates IPO filing, admits it's unprofitable. Parent comment

Re:Groupon updates IPO filing, admits it's unprofitable by teej on Wednesday August 10, 2011 @06:45PM (#2870535)
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-group...

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Re:Groupon updates IPO filing, admits it's unprofitable by staunch on Wednesday August 10, 2011 @07:09PM (#2870613)
Nope. 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.
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