Friday, 18 March 2011

Groupon: $25 Billion IPO

Groupon: $25 Billion IPO:

"Groupon is talking to bankers about an IPO at a $25 billion valuation, Bloomberg reports.

"To give some perspective, Google was valued at $23 billion in its IPO, so that would make it a bigger IPO valuation than Google.

"Groupon has been considering an IPO for a while now, and the original numbers considered were $15 to $20 billion. But since then tech stocks have been going up, and presumably Groupon's business has been doing very well"

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