so I was trying to ask from the early Groupon investor Jason Fried why he cashed out on Groupon on HN , there was no answer and people started to label me of "being like a tabloid journalist" , that "its Jasons business only" , "he may have needed liquidity" etc. ( so total liquidity need of early investors was around 1 billion then? )

http://news.ycombinator.com/item?id=2617160

Not sure that it is a tabloid journalism - because Wall Street Journal also lists 3 main reasons why to worry about Groupon shares -

and one of the reasons is that the early investors have taken out nearly 1 billion dollars already ( thats right - 1 billion with a b )

http://blogs.wsj.com/deals/2011/06/03/groupon-ipo-3-reasons-to-worry/?KEYWORDS=groupon+ipo

So - how high is the probability that this may indicate that some average investors who are not very informed about internet business - may get fooled pretty soon ?

And if the average Joe is meant to get fooled by Groupon shares soon - then it may be bad for the whole internet industry ...

so - it seems like a critical question to ask - why so many early investors cashed out on groupon

what makes one to worry is also the fact that the IPO was organized by Goldman Sachs

https://home.chicagobusiness.com/clickshare/authenticateUserSubscription.do?CSAuthReq=1&CSProduct=crainschicago-web&CSTargetURL=http://www.chicagobusiness.com/article/20110114/NEWS07/110119905

and this bank is on record for creating financial investment products for their clients while behind the curtain betting against their own products

http://www.rollingstone.com/politics/news/the-people-vs-goldman-sachs-20110511