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It's already happened. Groupon is a public company and we got to watch it go from ~$26/share to ~$3/share in real time! https://www.google.com/finance?cid=10792
by replicatorblog 11y ago
It's already happened. Groupon is a public company and we got to watch it go from ~$26/share to ~$3/share in real time! https://www.google.com/finance?cid=10792264 https://www.google.com/finance?cid=10792264
- pwm 11y agoAccording to wikipedia it was valued at $13B when floated. Then lost ~90% of its value. That means $11.7B. Wow. ELI5: did anyone profit from this other than the founders?
- AznHisoka 11y agoYep, people who knew a lot about their business model and shorted it. Just like the ones who shorted zynga and demand media.
- argonaut 11y agoGroupon is still a two billion dollar company. It's still by any measure a huge success. I personally know many non-techies (normal people) that use Groupon and actually do go back as repeat customers for the places they buy Groupons for.
- deleted 11y ago[deleted]