
Remember
when Groupon raised, like, a billion dollars? We certainly do. Well, it looks like Groupon's slide over the past month is bringing its last round of venture investors ever closer to breaking even. The stock has rebounded slightly this morning to $11.49, but the number to watch is $7.90. That's effectively what several top-tier Silicon Valley venture firms including Kleiner Perkins, Greylock and Andreessen Horowitz paid per share when they invested $946 million in Groupon between December 2010 and January 2011. At that point, they bought Series G Preferred Shares for $31.59 each.
These later converted into four shares of common stock on October 31 of last year, just a few days before
Groupon's initial public offering on November 4.
2012 sports illustrated swimsuit same day flower delivery valentines day westminster dog show valentines day cards hallmark grammy winners
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.