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Wasn't groupon just a straight equity cash out by the founders and some of the early investors? I don't remember hearing about a dividend.


oh yes, I'm not au fait with the details of higher finance, so I'm sure you're right, but it still looked really dodgy to many given other aspects of the business


No worries. FYI the reason a dividend is worse is because you don't even give up any of your equity, as is the case when you sell your shares early (Groupon).


And it screws over employees with options.




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