Groupon IPO Shares Pop 40% On First Trade, Debuts At $28 With A $17.8B Market Cap

Wait wait wait!!! But but but!! Ponzi scheme! Should have sold to Google!

Yeah.

Groupon just went public with a market cap now 3x what Google was offering them. We’ll see if the good times last — now that they’re public, they’re going to have to show real growth in the numbers — but it’s pretty clear that either way, Groupon did the right thing in not taking that deal. 

Good for them.

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  1. johnerik reblogged this from parislemon
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  6. erikschwartz reblogged this from parislemon and added:
    It would probably be prudent...question of whether selling out for $6B was a
  7. kieranmcgrady reblogged this from parislemon and added:
    It’ll be interesting...how this goes. If their...don’t start...
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  10. paddyhirsch reblogged this from newsweek and added:
    Thank heaven that’s over. Can we talk about something else now, please?
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