Groupons?

Groupon has filed for an IPO and we'll probably see the initial offering later this summer or in early fall. Want to venture a prediction about the market cap that will be implied by the IPO price they set?
 

Larry Gude

Strung Out
Groupon has filed for an IPO and we'll probably see the initial offering later this summer or in early fall. Want to venture a prediction about the market cap that will be implied by the IPO price they set?

Well, let's see; they (he) turned down $6 bil already so they could do the IPO... :yikes:

Things is, we've seen this movie; they ain't making a dime and are blowing through cash like it's the late 90's...which is when last we saw this movie...

The concept seems good. Have a fam member that participates and he laid out their sales pitch and how it works. I think the thing will fly.

So, let's call it...$56 trillion and he can pay off the entire national debt plus unfunded mandates and we can all go on two weeks vacation!

:lol:
 
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