Groupon IPO? Who's in?
Groupon is apparently planning an IPO later this year, possibly in the fall. This after turning down a bid from Google for over $6 billion! It's reported they could raise $1 billion off the IPO, but there is concern over the relative lack of competition that Groupon has right now. I'm thinking I might hold off on this one to see if that competition does start to increase. How about you?
The big Wall Street banks and their wealthy & connected clients are guaranteed to make bank off of the IPO. The people who buy right after it is issued for public investment have a good chance of making some money, but they will have to take some risk.
Not sure about the long-term though. I think what you mentioned about Groupon eventually facing new and ever increasing competion in the future is probably right on the mark. Anybody with a little bit of money to promote and market can set up a clone website that does the same thing as Groupon.
by Person of Interest7 years ago
...for over 3 Billion $$.
by myownworld8 years ago
I mean, is ANY good coming out of them? Mostly it's one person insulting the other's point of view...in fact, as of today, I've vowed to myself never to go near one!
by schoolgirlforreal5 years ago
If you guess mine which should be easy, I'll tell you if you're right.LolSo, any one want to comment/guess/
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