17 posts and columns on Fidelity
With a ridiculously large investor group and an even larger pile of expectations now, how will Groupon manage its funding success going forward? Whatever happens, the social buying service’s gathering of many of the digital arena’s most prominent VC firms, institutional investors and angels could be one of the digital sectors most interesting sideshows.
Groupon has officially raised half of a $950 million funding, getting $500 million from a range of top-drawer investors, said sources close to the situation. Those investors include Russia’s DST Global, T. Rowe Price, Fidelity, Capital Group and Morgan Stanley. It’s unclear how much each investor has put in and who will make up the next tranche of funding, which will also close imminently.