Incorrect. *Tens of millions of dollars* already went to founders. Only investor... | Hacker News

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		teej on Aug 10, 2011 \| parent \| context \| favorite \| on: Groupon updates IPO filing, admits it's unprofitab... 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...

staunch on Aug 10, 2011 [–]

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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