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Imagine going from being a mere millionaire to a multi-billionaire overnight? That dream is about to become a reality for former carpet salesman Eric Lefkofsky. The 41-year old Chicago businessman provided a million dollars in seed money for Groupon in 2008. The company is expected to be valued at 20 billion dollars after it goes public later this summer which would turn Lefkofsky’s original investment into about 4 billion dollars.

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Groupon raises record amount of cash. Daily deal startup Groupon just raised a record amount of cash: 950 million dollars! This comes from several different investors, so in a sense they all came together in a very Groupon-like deal. It’s not hard to see why. The company’s blasted into the stratosphere since launching just 2 years ago, expanding to 35 countries with 50 million users.

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