Baltimore-founded NEA’s Groupon Investment Valued at $2.3B, T. Rowe’s at $330M

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Courtesy of Citybizlist — Many pre-IPO investors tripled their money while early investors like New Enterprise Associates made astronomical returns as Groupon Inc. (Nasdaq: GRPN), the daily deals company, completed a $700 million initial public offering, the biggest by a dotcom since Google Inc.

Groupon shares touched $31 before closing at $26.11 on Nov. 4, giving investors a 31 percent boost on the opening day. The share price gave Groupon a valuation of $16.50 billion.

New Enterprise Associates was among the biggest gainers. Among the earliest investors in Groupon, NEA’s 87.45 million shares were valued at $2.28 billion, for a potential return of about 154x, according to peHUB, a venture and private equity news site run by Thomson Reuters.

Among other investors in citybizlist’s geographies, Boston-based Fidelity Investments and Baltimore-based T. Rowe Price were the biggest. Each invested $100 million in the Internet startup and their stake was each valued at $330.61 million on Nov. 4.

From New York, Morgan Stanley‘s $75 million investment grew to $247.96 million; and Allen & Company‘s $4 millioninvestment grew to $13.22 million.

Boston-based Battery Investors VIII LP‘s $23 million investment grew in value to $76.04 million, and Greylock XIII L.P.’s $65 million investment rose to $214.89 million.

Also, Dallas-based Maverick Fund Private Investments Ltd.’s portfolio grew to $165.30 million,from $50 million.

The following are some Groupon investors and the value of their holding as on Nov. 4:

read more at Citybizlist



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