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---- Groupon Files IPO


weeks - 9:03 pm on Jun 2, 2011 (gmt 0)


Anyone who works Twitter or emails, I highly recommend this very long but very compelling article in the NYT last Sunday about Groupon's operations.
[nytimes.com...]

The end of the article is priceless, however:
Doubtless Groupon will present its I.P.O. in sprightly Groupon style, probably something like this: “Sometimes it’s not enough simply to appreciate e-mails from clever people. Sometimes you want to own them too.” The offering could value the company at $25 billion, which would top Google’s 2004 debut as the richest ever for an Internet company.

Perhaps that sum will seem in hindsight to be a great deal, as was true with Google itself. Or maybe it will be Groupon’s best joke ever.

The headline "Groupon files to raise $750 million in IPO" is interesting in context to what we have been hearing.


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