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

<div class=&quot;custm_img_blk&quot;><img src=&quot;http://www.techgig.com/files/photo_1335231918_temp.jpg&quot; border=&quot;0&quot; align=&quot;left&quot; /></div><p style=&quot;margin-top: 0px; margin-right: 0px; margin-bottom: 12.5px; margin-left: 0px; padding: 0px&quot;>Remember&nbsp;<span style=&quot;outline-width: initial; outline-color: initial&quot;>when Groupon raised, like, a billion dollars</span>? We certainly do.</p><p style=&quot;margin-top: 12.5px; margin-right: 0px; margin-bottom: 12.5px; margin-left: 0px; padding: 0px&quot;>Well, it looks like Groupon&rsquo;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.</p><p style=&quot;margin-top: 12.5px; margin-right: 0px; margin-bottom: 12.5px; margin-left: 0px; padding: 0px&quot;>That&rsquo;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.&nbsp;<span style=&quot;outline-width: initial; outline-color: initial&quot;>These later converted into four shares of Class A common stock on October 31 of last year</span>, just a few days before&nbsp;<span style=&quot;outline-width: initial; outline-color: initial&quot;>Groupon&rsquo;s initial public offering on November 4</span>.</p><p style=&quot;margin-top: 12.5px; margin-right: 0px; margin-bottom: 12.5px; margin-left: 0px; padding: 0px&quot;><span style=&quot;outline-width: initial; outline-color: initial&quot;>All eyes are on May 14</span>, when Groupon will report quarterly earnings for the second time as a publicly traded company. More notably, the end of the lock-up period is coming up soon. That&rsquo;s the point at which investors will actually be able to sell their stakes in the company.&nbsp;<span style=&quot;outline-width: initial; outline-color: initial&quot;>It&rsquo;s coming up on June</span>&nbsp;1, after being pushed back from the original date of May 2 because that was too close to their earnings date.</p>

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