Groupon files for IPO of up to $750 million

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  • Adam X
    Now Giving 1 Fuck Daily
    • Apr 2002
    • 2493

    #1

    Groupon files for IPO of up to $750 million

    Will the underwriters scam Groupon (ala LinkedIn IPO) or will it be prevented this time?
    Will you invest and try to cash out on day 1 or is the element of surprise already gone?


    NEW YORK (Reuters) ? Groupon Inc, the online daily coupon site, has filed for an initial public offering, capitalizing on investor infatuation with social media companies that have yet to prove they are the real deal.

    The company filed to raise up to $750 million in its IPO, an offering that has been widely speculated about for months and comes hard on the heels of a number of hot technology debuts.

    Other Internet companies including LinkedIn Corp and China's Renren Inc have had strong IPO premieres in recent months, causing speculation that other companies would rush to follow.

    A string of hot Internet companies including Facebook and Twitter have received multibillion-dollar valuations, raising questions about how these companies, albeit fast-growing, could justify the sky-high valuations.

    read the article...
    Cronfund - Buy CRON now and earn 4% plus coin value. The best of DEFI!
  • 96ukssob
    So Fucking Banananananas
    • Mar 2003
    • 12991

    #2
    How do I get into this???
    Email: Clicky on Me

    Comment

    • Kiopa_Matt
      Confirmed User
      • Oct 2007
      • 1448

      #3
      Us humans just don't learn, do we? "Come on, last tech bubble was like 10 years ago! Let's do 'er again!"
      xMarkPro -- Ultimate Blog Network Management
      Streamline your marketing operations. Centralize management of domains, pages, Wordpress blogs, sponsors, link codes, media items, sales and traffic statistics, plus more!

      Comment

      • TheStout
        Confirmed User
        • Jul 2007
        • 2089

        #4
        Originally posted by Kiopa_Matt
        Us humans just don't learn, do we? "Come on, last tech bubble was like 10 years ago! Let's do 'er again!"
        When exactly will it burst? Will you think you were right if it bursts in 3 years or will you make a shit load of money in the interim? 3 or 4 "overvalued" tech companies does not a bubble make.

        Comment

        • Persius
          Tap into MOBILE!
          • Jul 2003
          • 11779

          #5
          Also interesting that Groupon ceo salary is now at 575$.

          Andrew D. Mason, Groupon?s eccentric chief executive, is presiding over one of the hottest tech companies of the moment.

          And thanks to its initial public offering filing, we can add another interesting nugget: He recommended to Groupon?s board that his base salary fall to just $575 this year. Yes, that?s right, $575.

          According to the Groupon regulatory filing, Mr. Mason already had the lowest base salary rate of the company?s top executives last year, at $180,000.

          To be fair, Mr. Mason likely won?t be starved for cash. According to the filing, he will own about 7.7 percent of Groupon?s Class A shares and 41.7 percent of its Class B shares. (The latter help guarantee that he, along with two other executives, will effectively maintain control of the company.)

          http://dealbook.nytimes.com/2011/06/...e-575-in-2011/

          Comment

          • D Ghost
            null
            • May 2006
            • 9820

            #6
            Pandora also filed.

            Comment

            • djswivle
              Confirmed User
              • Aug 2008
              • 235

              #7
              and Zynga

              Comment

              • Adam X
                Now Giving 1 Fuck Daily
                • Apr 2002
                • 2493

                #8
                I doubt these stocks will skyrocket like LinkedIn did.. unless they "undervalue" the company again.. I say that cynically bcuz these are bubbles we're playing with..

                Buy Low Sell High on day 1 will still hold true.
                Cronfund - Buy CRON now and earn 4% plus coin value. The best of DEFI!

                Comment

                • ThatOtherGuy - BANNED FOR LIFE
                  So Fucking Banned
                  • Apr 2011
                  • 1241

                  #9
                  Going to pass on this one.
                  I do not see Groupon as being highly profitable in comparison to other tech stocks in Pre-IPO phases.

                  If a company is making shit tons before an IPO then one should consider it a good investment.
                  For the first week of trading buy in and drop it 7-15 days after the IPO just watch and set your limits to how far it drops after the peak. Doing this is very key to making big in an initial land rush for a new stock. Then come back a month or two later once stabilized ( and usually lower cost per share ) for a longer term investment.

                  Also keep in mind on initial valuations of whether the IPO is setting cost pershare to high or to low.
                  In the case of LinkIN it was valued to low and adjusted at the last minute. ( Not very standard procedure ) Usually valuations are spot on and that was kinda scary to see Wallstreet playing games with public statements that misrepresent real value of a stock or even its under value.

                  Those are the sort of things that raise the ire of the regulations groups and controllers. But for many years now those groups have been complacent in the rape of investors monies just like everything else these days.

                  I have no remorse in ripping off the game as it is clear Wallstreet has no remorse either.
                  Last edited by ThatOtherGuy - BANNED FOR LIFE; 06-02-2011, 05:07 PM.

                  Comment

                  • DBS.US
                    Geo Cities
                    • Aug 2003
                    • 11843

                    #10
                    http://www.thestreet.com/story/11141...ing-rules.html
                    Have an unused domain? Make a Free Chaturbate White Label site and be making money tonight

                    Comment

                    • Theo
                      HAL 9000
                      • May 2001
                      • 34515

                      #11
                      With google offers coming out investors should be careful

                      Comment

                      • Theo
                        HAL 9000
                        • May 2001
                        • 34515

                        #12
                        Here you go: Amazon local groupon clone

                        http://www.businessinsider.com/amazo...groupon-2011-6

                        Comment

                        • teomaxxx
                          Confirmed User
                          • May 2003
                          • 2737

                          #13
                          Originally posted by TheStout
                          When exactly will it burst? Will you think you were right if it bursts in 3 years or will you make a shit load of money in the interim? 3 or 4 "overvalued" tech companies does not a bubble make.
                          just tell me the day the bubble burst i wont have to work again after.
                          unfortunately nobody knows it and the long way to the bursting bubble will be filled with dead speculators...

                          Comment

                          • SZNY
                            SZNY
                            • May 2004
                            • 2800

                            #14
                            Not bad for a company who are going to make an IPO and started with a Wordpress site :D

                            Maybe I will also be lucky with a WP site www.grouponcams.com :D
                            Telegram: sandroanthonio

                            Comment

                            • bronco67
                              Too lazy to set a custom title
                              • Dec 2006
                              • 29032

                              #15
                              bubble...bubble....bubble

                              Comment

                              • The Heron
                                Confirmed User
                                • Apr 2001
                                • 4496

                                #16
                                tech stocks are so fucking stupid

                                Comment

                                • K R I S T E N
                                  Confirmed User
                                  • Feb 2005
                                  • 2438

                                  #17
                                  AMAZING! wish em all luck
                                  K R I S T E N
                                  KSquaredDynamics, Inc. ~ Taking Care of {YOUR} Business

                                  Comment

                                  • Ayden Rush
                                    Registered User
                                    • Mar 2011
                                    • 60

                                    #18
                                    I wonder if we can get a bunch of people together and get 50% off the IPO price.

                                    Comment

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