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Groupon's Big IPO Plans

Bloomberg Business devotes over 3,000 works to Groupon and its wily young founder and CEO Andrew Mason. After all, the group-buying leader is reportedly eyeing a $25 billion IPO. To merit such an astronomical valuation, Mason plans to turn Groupon into, in Bloomberg Businessweek's words, "a combination Yellow Pages, Valpak coupon packet, and price-conscious concierge for millions of consumers."

Not only that, but he thinks he can achieve that feat with four simple works: "I'm Hungry" and "I'm Bored." Combining either declaration with a consumer's geographical location -- along with predetermined preferences and other potential variables -- Mason hopes to create, as Bloomberg Businessweek explains, "a huge, liquid market for consumer foot traffic."

Read the whole story at Bloomberg »

2 comments about "Groupon's Big IPO Plans".
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  1. David S from NA, March 20, 2011 at 12:05 a.m.

    Seems like every time were hear a valuation for Groupon, it doubles! $25B is high but I wonder how much higher it can go. The group buying concept is going to be around for awhile – people (like myself!) love deals and that's not going to change. :)

    I started LocalDealSites.com , a guide to over 130 Groupon-like daily deal websites and lets you filter by city so you can see which sites have offers in your area. http://www.localdealsites.com/

  2. Rasmus Refer from www.masterseek.com, May 11, 2011 at 4:47 a.m.

    the google offer of $6billion to aquire groupon created a bubble in the market means people started whispering that if a company like google is willing to pay $6b then there must be more to it for them that created a buble in the market and valuation increased on IPO . meanwhile i would recommend you to another deal site thats very comprehensive i.e. http://www.masterseek.com Masterseek's global search engine provides quick and free access to, among other things, company profiles, contact information, and descriptions of products and services from more than 45 million companies in 75 countries.

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