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I have said this before and I will say it again. Groupon were idiots to leave money on the table and walk away when they were working with Google. They will nev
by barista 15y ago
I have said this before and I will say it again. Groupon were idiots to leave money on the table and walk away when they were working with Google. They will never be able to get that much free cash ever again.
- pbreit 15y agoFirst, they did take quite a bit of money off the table. Second, they are on target to do a $25+ billion IPO (ie, 4x the Google price). Doesn't sound idiotic to me.
- vaksel 15y agoI can say that my site is IPOing for 50 billion...until I actually raise the amount, it's just a dream. Same with groupon...yes they want to raise that much...but it's just a pipe dream at this point
- pbreit 15y agoWhat are you talking about? Groupon's IPO could occur in a matter of weeks. Bankers have been selected. Road show planning is under way. Barring a global economic meltdown, Groupon is likely to IPO for $20-30 billion. Unless your site is Facebook, Twitter or Zynga, I don't think your comment has merit.
- a5seo 15y agoit wont be hard for them to IPO on a small float at 20-30B valuation... what will be hard is for VC's and employees to sell at that valuation once the lockup expires.
- pbreit 15y agoSome will get paid out in the IPO, some will get paid out in a secondary and I doubt the stock will collapse on lockup expiration (it rarely does).