Groupon Hires One of Its Own Investors in Growth Spurt

Groupon is aggressively hiring–so much so, it has stolen away one of the partners from its own investors. David Thacker, an associate partner at Greylock Partners, is joining Groupon’s product management team in Palo Alto, according to an amicably worded blog post on Greylock’s site. Thacker led investments in Gowalla and 1000 Memories. While that’s one down, Groupon is still on the hunt for a new COO.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work