Commerce Revolution News: Groupons I.P.O. comedown

Stock Market Losses © Lane EricksonEarlier this year the expectations for Groupons I.P.O. were very high at around $25 to $30 billion dollars. But the recent discussion about the business model and the accounting methods at Groupon together with a still shaky stock market lead to another number. Groupon now seeks for $12 billion from stock selling the New York Times reports. The offering is likely to take place during November this year. If the markets improve the valuation could be much higher. To compare the numbers: General Motors raised $23 billion in it’s 2010 I.P.O. in the old economy…

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s