Los Angeles Business Journal

Groupon Investors Give Up

Monday, August 20, 2012

Some of the early backers of Groupon Inc. are heading for the exits, joining investors who have lost faith in companies that had been expected to drive a new Internet boom. The Wall Street Journal reports that at least four Groupon investors who held stock in the daily-deals company before it went public have sold or significantly pared back their holdings in recent months.