Groupon buys Zappedy for $10.3M

Groupon buys Zappedy for $10.3M

Daily-deal site Groupon bought Zappedy, a mystery company, for at least $10.3 million, according to a Form D filed with the SEC today.

Brad Williams, an internal spokesman for Groupon, confirmed the purchase and explained in an interview with VentureBeat that the move is not a taboo one during a quiet period. The SEC imposes quiet periods to ensure information about a company filing to go public isn’t disseminated selectively to potential investors.

“We’re not … Continue Reading

Those blasted Form Ds, to become even more transparent

Groupon buys Zappedy for $10.3M

Daily-deal site Groupon bought Zappedy, a mystery company, for at least $10.3 million, according to a Form D filed with the SEC today.

Brad Williams, an internal spokesman for Groupon, confirmed the purchase and explained in an interview with VentureBeat that the move is not a taboo one during a quiet period. The SEC imposes quiet periods to ensure information about a company filing to go public isn’t disseminated selectively to potential investors.

“We’re not … Continue Reading