The Groupon IPO: Who Owns What
As you can see in the table below, Groupon has Class A and Class B common stock, which are identical save for the increased voting rights given to class B (how many more votes each Class B share gets is yet to be determined or disclosed as there’s actually a blank in the S-1 where it says how many votes per share Class B gets).
Here are the largest shareholders of Class A Shares, which make up the bulk of the outstanding shares:
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.