Groupon Talking To Bankers About $25 Billion IPO

Posted Mar 17, 2011

Group coupon subscription service is talking to bankers about an IPO with a valuation of $25 billion according to Bloomberg. Just as a comparison, Google was given a $23 billion valuation during their IPO. Groupon made $760 million in revenues last year and they are projecting to make over $1 billion this year. Groupon is currently in talks with Morgan Stanley and Goldman Sachs about the IPO. [Bloomberg]