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.
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.