The InfoStride Forum

TECHNOLOGY => Computing and Internet => Topic started by: InfoGuru on Nov 07, 2011, 01:33 AM

Title: The Groupon IPO: What’s Everyone Worth?
Post by: InfoGuru on Nov 07, 2011, 01:33 AM
IndividualSharesWorthvote %
CEO Andrew D. Mason46,934,488$1,220,296,68819%
Former CTO Kenneth M. Pelletier2,698,944$70,172,544
Former COO Robert S. Solomon4,055,000$105,430,000
Brian K. Totty624,786$16,244,436
Board member Mellody Hobson10,000$260,000
Co-founder Bradley A. Keywell624,786$1,071,850,98810.2%
Lightbank VC Eric P. Lefkofsky129,239,408$3,360,224,60828.1%
Board member Theodore J. Leonsis1,848,770$48,068,020
Starbucks Chairman Howard Schultz1,899,336$49,382,736
New Enterprise Associates, Inc87,453,072$2,273,779,8728.8%
Accel Growth Fund L.P.33,203,928$863,302,1283.4%
MyCityDeal's Oliver & Marc Samwer39,168,960$1,018,392,9604%
After going from selling slippers with flashlights (http://techcrunch.com/2010/07/30/groupon-was-almost-a-slippers-with-flashlights-company/) to being a 10,000 employee-strong business in three years, Groupon had its initial public offering today, (http://techcrunch.com/2011/11/04/groupon-ipo-shares-pop-40-on-first-trade-debuts-at-17-8b-market-cap/) to much fanfare and well, the opposite reaction. The offering was priced at $20 and experienced an exuberant opening pop of $28, which after a day of trading settled down a bit to close at $26.

While Groupon's co-founders and high-level executives notoriously took hundreds of millions  (http://techcrunch.com/2010/12/30/groupon-insiders-345-million/)off the table in an earlier round of funding, they still had notable skin in the game today, as evidenced by the share allocation on Groupon's latest S-1 (http://www.sec.gov/Archives/edgar/data/1490281/000104746911008207/a2205238zs-1a.htm#ei79801_principal_and_selling_stockholders). Biggest winner? Lightbank founder Eric Lefkosky (http://www.crunchbase.com/person/eric-lefkofsky), who is now a billionaire three times over with a solid 28.1% voting share. CEO Andrew Mason (http://www.crunchbase.com/person/andrew-mason), by comparison, is now worth $1.2 billion in Groupon stock.

VC firm Accel Partners (http://www.accel.com/) and the Samwer brothers are also in enviable positions post IPO, each netting about a billion in Groupon equity for their troubles. It's probably safe to say that just about everyone on this list is on a customary six month lockout with regards to selling their shares, and God only knows what the stock will be trading at then.

While we all wait, here's a video of Mason and I back when he was cool wasn't such a fancypants. [Hi Andrew  ]

Crunchbase (http://crunchbase.com)     Company: Groupon (http://www.crunchbase.com/company/groupon)   Website: groupon.com (http://www.groupon.com)   Launch Date: November 11, 2008   Funding: $1.14B    Groupon features a daily deal on the best stuff to do, see, eat, and buy in more than 565 cities around the world.  By promising businesses a minimum number of customers, Groupon can offer deals that aren't available elsewhere. Groupon brings buyers and sellers together in a fun and collaborative way that offers the consumer an unbeatable deal, and businesses a large number of new customers. To date, it has saved consumers more than $300 million and claims it...

Learn more (http://www.crunchbase.com/company/groupon)        



Attribution: CNET, ECTNews and TechCrunch.