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A comment on The Fall of Groupon: Is the Daily-Deals Site Running Out of Cash?. Parent comment

Re:The Fall of Groupon: Is the Daily-Deals Site Running Out ... by maukdaddy on Friday August 19, 2011 @03:28PM (#2904550)
100% correct and it really makes me wonder what the late round VCs were thinking. The only I can come up with is pure greed - willing to take an enormous risk for future IPO (above and beyond typical VC risk)
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Re:The Fall of Groupon: Is the Daily-Deals Site Running Out ... by joe_the_user on Friday August 19, 2011 @04:01PM (#2904680)
Well, If we're wildly speculating, we could also imagine kick-backs and money laundering.

I know nothing of Groupon's financing. I know Digital Sky was a large, late investor in Facebook. And they are controlled by a Russian oligarch.

Wealthy criminals are sometimes willing to invest in unprofitable businesses to launder money, buy influence and hope that a bigger fool will follow them.

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Re:The Fall of Groupon: Is the Daily-Deals Site Running Out ... by lnxkrnl on Friday August 19, 2011 @10:50PM (#2905598)
If Yuri Milner is the Russian mafia money man. He is f*cked. Most of his investments are going to implode in a double dip recession, and bring down the rest of Silicon Valley elites.
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