Groupon has filed its IPO papers that's rumored to be worth $30B. It was just in 2008 when Groupon came into existence and already it's going public. For all the skeptics out there, in 2010 Google offered Groupon $5-6 Billion to buy them out, so there has got to be some validity to the company for Google to want them. Needless to say that regardless of the argument of whether or not Groupon will succeed long-term, it is short-term that has investors hyped. If Groupon does what Linked In (LNKD) did out of the gate then hold on to your seats. Groupon, the online coupon company, has exploded in growth and popularity since it began on 2008. Oprah even mentioned the company on her popular TV show in 2010. All this adds up to potential big money for those willing to take the risk. Is Groupon worth the short-term investment? Is the company worth the rumored $30B?
No comments:
Post a Comment