Groupon Planning IPO Launch for Next Week

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According to three sources "familiar with the situation" Groupon is planning to go public next week. I wonder if you can get a stock discount if we all group up. ;)

Groupon, the largest daily deal company, is planning to launch a roadshow for its initial public offering next week, on Monday or Tuesday, three sources familiar with the situation said. The IPO is expected to value the Chicago-based company at over $10 billion, likely in the range of $11 billion to $12 billion, two of the sources said.
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Fucking idiots, even though supposedly the deal wouldn't have gone through.... they should have taken the $6 billion from Google when they offered up for this.

Groupon is a failing, overhyped company. I expect it to get Apple-like investments, you know... from older people who don't know jack about tech and believe the hype on TV.

And their "membership numbers" are TOTALLY BULLSHIT. Which is the main base for my first paragraph.

What I mean here is: Groupon and these shitty lady-biased "deal websites" force everyone to apply an email (even fake emails, I made a few on these lol) to see the damn deals and what the website is all about! These aren't "members" at all, they are just people who were suckered into giving up a random email to see what the site was about! And I would bet its just like the overinflated Fbook number.... all hype and half of it is multiple accounts, spam accounts, and madeup emails and such.
 
I love groupon

I eat like a king around KC.

Just had Lobster and King Crab legs, 2 beers and a starter for like $25 dollars. Pretty damn amazing.

I cant even tell you how many food deals Ive had. Put it this way. I never ever spend 40 dollars eating out anymore. Its around around 20 - 25 and I always get 50+ dollars in food.
 
I wish Groupon would go after all the jackels posing as Groupon and sue them out of existence. My email is flooded every day with Groupon "Like" junk mail.
 
SixFootDuo said:
I love groupon

I eat like a king around KC.

Just had Lobster and King Crab legs, 2 beers and a starter for like $25 dollars. Pretty damn amazing.

I cant even tell you how many food deals Ive had. Put it this way. I never ever spend 40 dollars eating out anymore. Its around around 20 - 25 and I always get 50+ dollars in food.
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For food deals, restaurant.com has THE BEST deals if you live near a somewhat-popular city. You can get $50 worth of food for like $10 sometimes, if you're quick enough before they all sell out. Owns groupon for sure, in terms of "bang for buck"
 
Nah, I've checked out restaurant.com before, compared to Groupon, it's a joke. Groupon is pretty amazing.
 
Greene420 said:
For food deals, restaurant.com has THE BEST deals if you live near a somewhat-popular city. You can get $50 worth of food for like $10 sometimes, if you're quick enough before they all sell out. Owns groupon for sure, in terms of "bang for buck"
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I haven't heard too many positive things about restaurant.com. A lot of places won't accept them, or have lots of hurdles to get the deal.
 
Greene420 said:
Fucking idiots, even though supposedly the deal wouldn't have gone through.... they should have taken the $6 billion from Google when they offered up for this.

Groupon is a failing, overhyped company. I expect it to get Apple-like investments, you know... from older people who don't know jack about tech and believe the hype on TV.

And their "membership numbers" are TOTALLY BULLSHIT. Which is the main base for my first paragraph.

What I mean here is: Groupon and these shitty lady-biased "deal websites" force everyone to apply an email (even fake emails, I made a few on these lol) to see the damn deals and what the website is all about! These aren't "members" at all, they are just people who were suckered into giving up a random email to see what the site was about! And I would bet its just like the overinflated Fbook number.... all hype and half of it is multiple accounts, spam accounts, and madeup emails and such.
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ok.
 
Groupon sucks. Every day it's some stupid spa offer or something 50 miles from where I live. I'm in a suburb of Chicago, not hard to find tons of crap to do within 5 minutes of my home. The best part? Unsubscribe from their site and emails, and they'll keep sending them to you, free of charge.
 
Groupon is a gimmick with no potential for sustainability let-alone real growth. The "deal" model costs many places more than the extra customers bring-in, so there's a very limited upper-limit on how much places can afford to advertise like this.

Throw in the fact that Groupon-style deals appeal the most to the very worst kind of customer (cheap-asses), and it's easy to see how unsustainable their model is. It's stupid to lose money on your existing customer base (a chunk of your regular customers will take advantage of the same deal) when the new customers spend no more money than they have to (and may never return).
 
I've said this before on here and I'll say it again. GroupOn should have taken the $6 billion Google offered them when they had the chance. MORONS!!!

No way you valuation will be near double to the offer. IDIOTS!!!
 
Greene420 said:
Fucking idiots, even though supposedly the deal wouldn't have gone through.... they should have taken the $6 billion from Google when they offered up for this.

Groupon is a failing, overhyped company. I expect it to get Apple-like investments, you know... from older people who don't know jack about tech and believe the hype on TV.

And their "membership numbers" are TOTALLY BULLSHIT. Which is the main base for my first paragraph.

What I mean here is: Groupon and these shitty lady-biased "deal websites" force everyone to apply an email (even fake emails, I made a few on these lol) to see the damn deals and what the website is all about! These aren't "members" at all, they are just people who were suckered into giving up a random email to see what the site was about! And I would bet its just like the overinflated Fbook number.... all hype and half of it is multiple accounts, spam accounts, and madeup emails and such.
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u mad, bro?
 
Mad? I am not the only one here calling them idiots :D hahaa, you guys much not read much tech business news :)

Sorry, if someone denies ANYTHING (even Google's own company owners) above $5 billion, I think I have a right to call them a fucking greedy idiot. You can do literally whatever you want with that much money in certain places.... and you could buy your own island and still be filthy rich.

And they denied 6 billion..... @#!&#^*!# ???? What?!
 
Hasn't Groupon been losing money this past year?

The last time I used Groupon I had a bad experience but it wasn't exactly their fault. They had a discount at a local restaurant. Unfortunately the restaurant closed down 1 month after the deal. I'm sure the owners ran off with the money.

In a very douchebag move, it seems the owners or managers of Sur Real released a Groupon just 25 days ago (12/5/10) which was supposed to be expiring in April 2011. So in all likelihood they've collected alot of cash** from unused Groupons KNOWING they were going to close in the very near future. Fraud??!

** [$50 of food for $25 coupon. Groupon, Inc. typically rakes half of the charge. So Sur Real will get $12.50 x the number of people who bought the Groupon. I think this one sold out so let's say 1000 were sold for easy math. $12,500 net, minus the lucky folks that have used the Groupon in the last 24 days.]
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Yes... they have. And I am pretty sure I heard they laid off a lot of their workers recently (which I always wondered why OR how they got so much cash flow to hire such amount of people)

It's clearly overhyped. People think things are bigger than they are, just because its talked about on TV in ads and product placement..... tech bubble 3.0?
 
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