Investment Bankers Looking For A Piece Of Groupon IPO

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 1

According to the WSJ, investment bankers are beginning to discuss proposals with Groupon for an IPO.  Should Groupon go public this year it would likely be the most talked about IPO of the year (assuming Facebook holds off for another year).  Groupon already turned down a $6 billion offer from Google which in my opinion was a big mistake but some value the company now at $15 billion so what do I know.  It’s a great business model but with a low barrier to entry and I think Google will begin making a much bigger push in this space and have the infrastructure in place to do so.  The company was rumored to be looking at an IPO in the fall, but is now looking like it could happen within a couple months.  Considering the company just raised nearly $1 billion from big investors, there probably isn’t a need to rush an IPO, but at the same time the IPO environment is strong which may not be the case later this year.  Anyone smell a bubble?  Facebook $50 billion valuation, Groupon $15 billion, Twitter nearly $4 billion…

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