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probably a good idea for groupon. though i enjoy bagging on Groupon's highly unconventional approach to wall street bankers in preparation for its IPO, seven ye
by lambtron 15y ago
probably a good idea for groupon. though i enjoy bagging on Groupon's highly unconventional approach to wall street bankers in preparation for its IPO, seven years ago Google was in the same position [1]. Google exhibited hubris and showed no clear purpose for the proposed raised equity, ultimately IPOing shortly after the peak of its 'hotness'. That is not to suggest that Google's business is comparable to Groupon's, but that anything could happen. Google may have not IPO'd like a pro, but they are one of the largest shakers in the tech industry today.
[1] http://www.washingtonpost.com/ac2/wp-dyn/A14939-2004Aug19?language=printer http://www.washingtonpost.com/ac2/wp-dyn/A14939-2004Aug19?la...