Throwing in the towel early Groupon investors-MarketWatch

San Francisco (MarketWatch)-including Silicon Valley veteran Marc Andreessen, part of the initial sponsors of the Groupon inc new Internet boom has lost faith in the company expected to drive investors heading for the exit to join.

The shares of the company traded on a daily basis before released at least four hold Groupon (US: GRPN) Investor sales or significantly in recent months in their holdings ahead of the initial public offering in November., since its stock market value, or about 10 billion dollars in Groupon's dropped more than three quarters.

Groupon's plunging stock and swooning share Facebook, Inc. (US: FB) and Zynga Inc. (US: ZNGA) were a replay of the 2000 dotcom bust's memories. Unlike the dot com era, many current company healthy profits and in some cases turning a profit, but their results do not correspond to the initial expectations.

Facebook share some limited sales continue to slip last week, pre IPO investors for about half of them to be expired. number of IPO price drop Zynga's December IPO since shares investors to keep its people earning money from the digital games is the ability to worry about fell 70%.

Groupon spokeswoman declined to comment on the stock slide. Facebook and Zynga declined to comment.

In the 1990s, and Netscape Communications Corporation, on the dot com boom who helped fuel the rapid ascent of Andreessen Groupon was one of the investors. His firm, Andreessen Horowitz put 950 million investment in Groupon just 40 million dollars before the IPO of the company responsible for the month. Andreessen Horowitz is 5.1 million sale of Groupon shares stock sale expires June 1, according to people with knowledge of the transaction shortly after. Andreessen Horowitz sold the company's stock price, the company earned a profit of nearly 14 million dollars.

In January 2011, the ended in a flurry just before their Ipo investment in Groupon, a young company with a prominent investor's recent jump in Silicon Valley was part of the trend. Critics say the phenomenon that the young company to build sustainable valuations for.

"I never would have gotten that late stage without money Groupon with a big" Bill Gurley, general partner at the venture capital firm benchmark capital.

Gurley benchmarks in 2009, but the company rejected the opportunity to invest in a Groupon. He had made a mistake in the decision in retrospect. "The price of today — backup early Groupon-they had a lot of money."