Groupon IPO

Groupon Logo

Groupon is in the news again, this time it’s about their upcoming IPO, and according to theĀ NYTimes the IPO is valued at around $15 Billion. Yes, $15 Billion! Last time the news was about Google looking to buy Groupon for $5 Billion, now they are valued at $15 Billion? Seriously? $15 Billion? These numbers just blows my mind. This is why I’m not into finance and investing, I just don’t see how this is possible. But then again I’m not looking at their books, from what I recall, they are a very profitable company.

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