Andrew Mason was fairly explicit that taking a recent huge round was designed to "permanently solve the money problem":
(from the article linked below)
“For me, the reason to do this was to solve a binary life problem,” he explained.
In life, Andrew says, “You either have enough [money] or you don’t.”
“When people came with a lot of money to buy a very small percentage of Groupon and it was enough to permanently solve the money problem, why would I not want to do that?
Andrew Mason was fairly explicit that taking a recent huge round was designed to "permanently solve the money problem":
(from the article linked below)
“For me, the reason to do this was to solve a binary life problem,” he explained.
In life, Andrew says, “You either have enough [money] or you don’t.”
“When people came with a lot of money to buy a very small percentage of Groupon and it was enough to permanently solve the money problem, why would I not want to do that?
“Now I can focus on making Groupon great.”
http://blogs.forbes.com/velocity/2010/04/19/groupon-ceo-andr...