Slashdot Mirror

← Back to Stories (view on slashdot.org)

Groupon Could Challenge Google's Record IPO

Posted by Soulskill on from the until-the-coupon-bubble-collapses dept.

jbrodkin writes "Months after spurning Google's $6 billion takeover bid, Groupon may topple Google's IPO record with an initial public offering worth $25 billion. Google went public in 2004 with a $24.6 billion valuation and Groupon seems to be on the verge of an IPO worth even more, Dow Jones VentureSource says. Even if Groupon doesn't break Google's record, it seems likely to become only the fifth venture-backed company to achieve a $10 billion valuation at the time of its IPO."

6 of 245 comments (clear)

  1. Groupon by viablos · · Score: 4, Interesting

    Groupon has a great business idea, AND it's mainly targeted to girls and women who also spend a lot for beauty things. They make shitloads of money as well as does the partner companies and their users. Win-win-win.

    1. Re:Groupon by Anonymous Coward · · Score: 2, Interesting

      According to the site, Groupon users have saved about $1.5 billion. With many offers being half price, Groupon's total turnover ever would also be about $1.5 billion. How is a company with a $1.5 billion all-time turnover worth $25 billion? Count me out.

  2. Welcome to 1999 by Anonymous Coward · · Score: 3, Interesting

    I bet the stock is at 5 bucks in 3 years.

    1. Re:Welcome to 1999 by Surt · · Score: 4, Interesting

      The pricing is bubble, though. They're getting valued at 20X gross. That's a factor of 5 off normal.

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
  3. Off topic-ish by Anrego · · Score: 3, Interesting

    Am I the only one, or do all the groupon advertisements put anyone else off?

    I love the concept of groupon it’s really quite brilliant but for some reason all their ads and even their name totally puts me off. They feature food I like, but it doesn’t look appetising for some reason I can’t put my finger on. Also phrasing like “hot dang” appears to have a negative effect on me.

    This isn’t meant to be a troll or anything, I’m legitimately curious. I know I'm not the coupon type, but it seems weird that they put me off so completely.

  4. This is what we value in this country by cosm · · Score: 5, Interesting

    This is what we value in this country. Companies that spam coupons for the masses to buy more shit they don't need. So Wall St. intends on pumping 25 billion into a company that doesn't actually even manufacturer anything. A company whose only value is that it offers discounts to other companies! So in ten years, is their going to be a gang-groupon.com, that groupon pays to send out links to its own coupon links? The service based slave wage economy of the future is going to be quite sad indeed.

    --
    'We are trying to prove ourselves wrong as quickly as possible, because only in that way can we find progress.' RPF