Groupon Said To Be Valued At, Like, $15 Billion
Ready for more “Groupon is worth what?!” kind of reactions? The New York Times is reporting that the daily deals site has been seriously discussing going public with Wall Streeters this week, with a rumored IPO time sometime in Spring.
The report also amps up Groupon’s valuation to more than double the $6 billion Google had rumored to be offering for the company just months ago, at about $15 billion “or more.”
From The New York Times:
“An I.P.O, if it happens, will be a significant milestone for the young startup, led by 30-year-old founder Andrew Mason, whose quirky personality has helped shaped the site. The offering, which would also be among the most highly anticipated since Googleâ€™s in 2004, would also represent the highest valuation on the company to date.”
Groupon is on a tear, recently raising $950 million dollars from investors such as Greylock Partners and Morgan Stanley in the largest ever financing round for a startup, according to the Times.
- Groupon Closing $950 Million Round, Valued At $4.75 Billion
- Actually, Groupon Already Closed Half Of That Billion Dollar Round
- With Reports Of A New Round Closing In On $1 Billion, Groupon’s Valuation Could Be As High As $7.8 Billion
- Groupon: We’ve Now Saved Users Over $1 Billion (Sort Of)
- HomeAway Prices IPO Between $24 And $27 Per Share, Now Valued At $2 Billion