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Groupon was offered about $6 billion by Google in 2010. Groupon turned them down, thinking they were worth more and then went the IPO route. Now, in late 2013
by disdev 13y ago
Groupon was offered about $6 billion by Google in 2010.
Groupon turned them down, thinking they were worth more and then went the IPO route.
Now, in late 2013, Groupon has a market cap of $6.8 billion.
Moral of the story? Take the money and run.
- shawabawa3 13y ago$6 billion in 2010 adjusted by inflation would be ~$6.4 billion... Am I missing something? Didn't groupon technically do around $400million better out of not accepting the deal?
- nasmorn 13y agoTry selling all that Groupon stock and see how long the market cap stays there. 6 billion in cash or even Google stock is way better for the investors.