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orangearrows
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Groupon IPO - GRPN

submitted on June 2, 2011 by orangearrows in "Stores / Merchants"
This is going to be big.

Groupon, the daily deals service, has filed for an initial public offering.

Groupon is seeking to raise $750 million. The company noted in its S-1 filing with the SEC (available here) that the company currently has over 7,000 employees and has provided "more than 1,000 daily deals to 83 million subscribers across 43 countries and have sold to date over 70 million Groupons." The company, which launched in November 2008, has attained this reach, scale and size in 30 months.



Read more here > http://www.huffingtonpost.com/.....70473.html
     

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  Comments
  • 115675
    clover
    professor
    1 6 7
    12 11 2
    Posted by clover on June 2, 2011
    [reply] 2 0
    I am thinking not something I would invest in. When I first purchased a Groupon deal I thought "Wow." I now look at the deals and delete. I like Buxr Better! Big Grin Now there's and investment!
  • 115679
    webbyone2010
    professor
    1
    Posted by webbyone2010 on June 2, 2011 [reply] 0 0
    Can someone say second tech bubble?
  • 115686
    deathbynosleep
    teacher
    7 1 1
    Posted by deathbynosleep on June 2, 2011
    [reply] 1 0
    i'd buy. Groupon is still fairly new. As more cities get in it's only going to get bigger...
  • 115707
    YanBz
    admin
    Posted by YanBz on June 3, 2011 [reply] 0 0
    LinkedIn had an IPO on May 20. The stock price went down from over $100 at launch to $78 as of today
  • 115831
    YanBz
    admin
    Posted by YanBz on June 5, 2011 [reply] 0 0
    Here is a very critical view on the state of Groupon affairs: http://www.minyanville.com/bus.....1/id/34936

    Investors beware -- the company owes $230 million more than it has, appears to be burning through $100 million or more a quarter, and is using money raised from later investors to pay back early investors.

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