Groupon Could Challenge Google's Record IPO 245
jbrodkin writes "Months after spurning Google's $6 billion takeover bid, Groupon may topple Google's IPO record with an initial public offering worth $25 billion. Google went public in 2004 with a $24.6 billion valuation and Groupon seems to be on the verge of an IPO worth even more, Dow Jones VentureSource says. Even if Groupon doesn't break Google's record, it seems likely to become only the fifth venture-backed company to achieve a $10 billion valuation at the time of its IPO."
Re:Can someone explain the appeal here? (Score:3, Informative)
There are also a good number of restaurant coupons, at least in my area. I've used a couple and have been very pleased. If I like the place I'll be back, otherwise I'm not out the full boat for trying it.
Not trying to play down the significance but... (Score:4, Informative)
... according to one inflation calculator [146.142.4.24], the $24.6 billion of Google's IPO in 2004 is worth $28.82 billion in 2011 dollars.