Groupon Files SEC Form For Another $16.2 Million
Groupon recently turned down an offer from Google, and has raised over $1.13 billion to date when you include the amount on this form. When asked whether this was part of a new round, Groupon CEO Andrew Mason said, “We typically don’t comment on these things, sorry. Ask me something else.”
Groupon recently named Starbucks founder Howard Schultz to the board, who then made a undisclosed investment to the company. Perhaps that’s actually what we’re seeing here — The date of the asset sale is February 10th, the very day that Schultz’s board seat was announced.