“It ended up being a huge failure,” Lefkofsky wrote on his blog.Eric Lefkofsky is the co-founder and chairman of Groupon, which filed last week for an IPO valuing the company at billion, as well as its largest shareholder, with a pre-IPO 22% stake in the company.

Slovenski free free sex chat with kolkata horny-19

While some attention focuses on his ambitions as an investor in tech startups, others see a “spotty history” and draw parallels between the past and the present.

Lefkofsky’s track record, reflecting failures and successes, bears certain hallmarks: rapid revenue growth accompanied by big losses, a penchant to sell stock early on, and lawsuits filed by investors, lenders or customers who feel they have been wronged.

Lefkofsky began his first venture, athletic-apparel maker Brandon Apparel, which he and Keywell bought after graduating law school together, in 1994.

if we get wacked [sic] on the ride down-who gives a shit… WE HAVE NOTHING TO LOSE…” This is a quote from the dot-com era.

Shareholders and others blamed the Starbelly deal, and a series of lawsuits ensued.

It was written in an email by the co-founder of a company called Starbelly.com, which labeled itself a B2B provider — back when people greeted that phrase with a straight face. It’s pretty much what you’d expect a novice executive to say back then, when it was all about money and not at all about creating something good. Not long after that transaction, Ha-Lo declared bankruptcy. In early 2000, Starbelly sold itself to another company called Ha-Lo Industries for 0 million, much of which went to the author of those words, a man named Eric Lefkofsky.Before Starbelly, Keywell and Lefkofsky founded a sportswear company called Brandon Apparel. Everyone remembers things they said a decade or more ago they may regret today.And failure is hardly something to be ashamed of in tech; usually it’s heralded as a mark of having shot for the moon, something to be prized and not frowned upon.