E-Commerce Times Talkback
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Groupon is likely to select Goldman Sachs and Morgan Stanley to be the principal underwriters for an initial public offering later this year that could value the company between $15 and $20 billion. J.P. Morgan Chase is expected to have a co-manager role in the IPO, and at least two other banks want to be in on the deal.
Groupon executives have not yet decided how much they would like to raise from the offering of stock to investors, but it could be as much as $1 billion. The IPO is projected for the second half of 2011, potentially in the third quarter.
As groupon beleives that "It's not always a company delivering sterling business credentials that gets interest," i say that if u provide such a platform that ease the flow of business it would be simply enough to generate enough amount of cash flows . take the example of www.masterseek.com/ that is fulfiling the space between businesses and is successful as well.
Well, that's down from the rumored $25B but still seems like a good chunk of money. I wonder how much of the hype will wear off by the time the IPO comes around. The group buying concept is going to be around for awhile – people love deals and that's not going to change... but given the spring up of all the copycat sites, I think some consumers are starting to get overwhelmed and I'm not sure if Groupon can continue to grow at the rate is has been.
I started LocalDealSites.com , a guide to 159 Groupon-like daily deal websites that lets you filter by city so you can see which sites have offers in your area. http://www.localdealsites.com/