On Friday Groupon raised $700 million after offering 35 million shares at $20 per share, the largest IPO by an Internet company since Google raised $1.7 billion in 2004. The company’s share prices closed at $26.11, up 30.55 percent.
Here is what is being said about the IPO.
- Despite criticism, Groupon soars in IPO – Kim Peterson at msn money
- Don’t buy that Groupon IPO! – Alexandra Petri at The Washington Post
- Groupon’s No Bargain – Dan Lyons at The Daily Beast
- It’s Hard Not to Discount the Groupon IPO (But We Should Try) – Tim Carmody at Wired
- Groupon IPO is hot, but its business prospects? Not – Dan Mitchell at CNN Money
- Groupon’s Advantage – Panos Mourdoukoutas at Forbes
- Groupon Should Celebrate Its Big IPO While It Lasts – Rebecca Greenfiels at Atlantic Wire
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Related articles:
- Groupon files for a $750 million IPO Posted on June 3, 2011
- Groupon buys Pelago Posted on April 29, 2011
- Groupon completes a huge $950 million round of financing Posted on January 11, 2011
- Groupon rejects Google’s $6 billion offer Posted on December 7, 2010
- Has Google bought Groupon? Posted by Fusion DigiNet on November 30, 2010
- Groupon has acquired European competitor Citydeal Posted on May 18, 2010
- Groupon acquires mob.ly Posted on May 7, 2010
- Groupon raises more funds at a $1.2 million valuation Posted on April 18, 2010
- Groupon has raised a Series B financing round of $30 million December 2, 2009
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