Groupon IPO? Who's in?

  1. RocketCityWriter profile image82
    RocketCityWriterposted 7 years ago

    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?

  2. Mr Tindle profile image81
    Mr Tindleposted 7 years ago

    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.

 
working