Crenk Technology » shares http://crenk.com Web Apps, Mobile Apps and Reviews Thu, 09 Feb 2012 14:07:29 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 Groupon IPO: Who Owns What Percentage http://crenk.com/2011/06/06/groupon-ipo-who-owns-what-percentage/ http://crenk.com/2011/06/06/groupon-ipo-who-owns-what-percentage/#comments Mon, 06 Jun 2011 13:08:12 +0000 Steven Finch http://crenk.com/?p=17092 Groupon IPO: Who Owns What Percentage originally appeared on: Crenk
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As you may be aware, Groupon has just filed for an IPO and hope to raise around $750 million (even though the company isnt profitable yet).

Here is a run down on who owns what inside Groupon:

  • Eric Lefkofsky, who was a cofounder of ThePoint (which became Groupon) and originally financed the company, has 21.6%.
  • New Enterprise Associates, which invested in ThePoint and then invested again once the company had become Groupon, holds 14.7% of the company.
  • CityDeal Management has 10.3% (Groupon acquired CityDeal in May 2010).
  • Groupon Cofounder and CEO Andrew Mason has 7.7%.
  • Bradley Keywell has 6.9%.
  • Accel has 5.6%.
  • Also important is the distribution of Class B shares, which, while making up a small percentage of the overall shares, likely have much higher voting rights:
  • Both Lefkofsky and Mason have 41.7% of Class B shares.
  • Bradley Keywell has 16.7% of the Class B Shares

Groupon IPO: Who Owns What Percentage originally appeared on: Crenk
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