The Bankwatch

Tracking the consumer evolution of financial services

Groupon pulls off a $700 million launch / $13 Bn valuation

I am flabbergasted.

Groupon Prices at $20 a Share; More Than 10x Oversubscribed

Groupon has priced its public offering at $20 a share, several dollars above the expected price range of $16 to $18. That will garner $700 million for the start-up, which is only several years old, at a valuation of close to $13 billion.

Also here

http://www.ft.com/cms/s/0/a44264f4-0677-11e1-8a16-00144feabdc0.html#axzz1cOQ3SoMc

Written by Colin Henderson

November 3, 2011 at 23:41

Posted in Uncategorized

One Response

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    thousandNews

    November 5, 2011 at 22:08


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