Investors Who Gave Groupon, Like, A Billion Dollars Get Closer To, Like, Breaking Even

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.

doj dept of justice weather chicago swizz beatz mpaa south carolina debate lauren scruggs